Office leasing

"A near record-breaking June brings H1 take-up above the long-term average"

"First half of 2022 sees over 3m sq ft of transactions completed across the City"

"Inflation of additional costs is becoming a key factor for firms looking to take prime office space while hybrid working continues to change the world of work"

"While overall minor rental corrections have persisted this quarter, some offices have seen rents inch up and vacancy tighten at the property level – an ostensible sign of some recovery in the market. Nonetheless, a dichotomy remains between prime offices and poorly located offices, with the latter expected to suffer disproportionately for the time being."

"The pandemic has transitioned into an endemic state, which has created a more optimistic environment for office recovery. At the same time, there are challenges ahead including the large supply of new offices in the pipeline. While a majority of offices appear to be doing well, a handful with bullish rents have high levels of vacancy. As such, recovery will need to be analysed at the property level, and not the submarket level."

"Wales has led the way with financial disruptors as far back as 1995, with Monzo's decision to move into Cardiff in 2017 indicating the start of a new wave of fintech"