Our View
Prime office rents in the East London market have fallen back by 9.2% on average over the past 12 months, with the most significant movements being seen in Stratford, where values are down by 11.1% to £40.00 per sq ft. Barking and Dagenham has also recorded double digit falls, with values down by 10.0% to £22.50 per sq ft. Owner occupier capital values have followed a similar trend, falling by 14.9% on average, with the largest falls in Stratford, where values are down by 20.8%.
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Key Contact
Peter Higgins
Divisional Partner - East and North London & Herts Commercial Agency
020 3141 3534[email protected]