London property outlook Q2 2014

Tenants are migrating west to east, operating on an increasingly footloose basis seeking out modern space within Central London.

Rising rents, which have been exacerbated by the number of offices being converted to residential use and higher business rates in the core West End market, have led to two million sq ft being vacated by well known corporates over the last three years.

Fringe rental values are soaring as a result, pricing some out of the market with the City core now providing a fairer value alternative.

Following coverage in Estates Gazette this weekend, London Property Outlook, the latest in our new suite of reports, provides a view on occupational and investment trends across the capital.