Office Leasing

"2021 leasing activity is 2.3% higher than the ten-year long-term average"

"Returning economic certainty, the global war for talent, and increasing desire for more sustainable and flexible options have encouraged occupiers to look for top-quality spaces in global cities"

"The office remains an important part of the work environment, and newer offices in good locations are still highly sought after. While the hybrid working model has proliferated across multiple industries, most companies intend to gradually increase their in-office attendance as long as the state of the pandemic stays manageable."

"Central London office take-up predicted to reach 8.2 million sq ft in 2022 as most occupiers look to maintain or add space"

"City experiences highest monthly take-up in 24 months, as year-to-date take-up passes 4m sq ft"

"The gap widens between landlord and tenant space, and under offers reach a record high"

"With high vaccination rates and the plummet in COVID-19 cases, the softening sentiment seen in the market over this year seems manageable. Like Tokyo, prime assets remain mostly occupied and have seen few corrections in rent, while buildings with poor access are suffering, resulting in the overall deterioration of market rents and vacancy. However, each region’s fundamentals and prospects look different."

"Year-to-date take-up surpasses 3.0m sq ft, whilst under offers continue to soar"

"The office market continues to rebound in Leeds as we move towards the end of 2021"

"Savills Research explores the key themes impacting European office occupational and investment markets"