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“The availability rate moved above the long run average for the first time in almost a decade, rising to 8.0%.” 

Peter Higgins
Divisional Partner

Our View

The North London & Herts office market has seen take up improve in the first three quarters of 2024, with 130,000 sq ft of space acquired and activity for the year as a whole is expected to be ahead of last year. 

The main focus of activity in recent year’s has been towards lettings of below 10,000 sq ft and the current year has continued the trend.  There have only been two deals above this threshold in the year to date, with the largest transaction being the 11,875 sq ft letting to MDA Space & Robotics at the former Fujitsu office ST04 on Cavendish Road, Stevenage.

Office market take-up
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Key Contact

Peter Higgins

Peter Higgins

Divisional Partner - East and North London & Herts Commercial Agency
020 3141 3534
[email protected]