We have tracked quarterly Take-up, Availability, Future Supply and Investment activity in the market for over ten years, which is why, once the insight of our experienced property professionals is applied, it is considered by many to be the most credible, dedicated commercial property research available for the South Bank.
We would be delighted to share this research with you in relation to your specific interest in this market. Please contact our team to arrange a presentation (firstname.lastname@example.org) or use the links below for a summary of our latest report and copies of our earlier published reports.
THE LONDON SOUTH BANK OFFICE MARKET REPORT Q1 2017
Investor appetite for commercial property in the London South Bank market grew markedly in the first three months of this year as transaction volumes rose by 70% quarter-on-quarter.
Our latest South Bank Market Update shows that £287m of assets were sold during Q1 2017. This was equivalent to almost half of all investment activity recorded during the whole of last year.
With further major transactions reputed to be in the pipeline, there is continued investor interest in the South Bank from across the board.
Notable Q1 transactions included WPP Group’s £94.5m acquisition of Rose Court on Southwark Bridge Road SE1, and the sale of 1 Long Lane SE1 for £19.5m to Adir Group.
The South Bank office leasing market had a quieter start to the year with 208,958 sq ft let during the quarter, while total availability rose 7% quarter-on-quarter to just under 800,000 sq ft. This represents an overall vacancy rate of 3.9% which is still substantially below the West End (5.2%), Midtown (4.9%) and the City (8.9%).
Please contact our team to discuss your interest in receiving this data and to obtain a copy at email@example.com or on 020 3757 7777.
THE CENTRE OF LONDON OFFICE MARKET 2016-17 - STRENGTH IN DIVERSITY
The re-shaping of the London map is a constant process and it is in the Centre, made up of London’s Midtown and South Bank, where the changes are most dynamic. The Thames is no longer a barrier, with occupiers increasingly looking across both sides of the River.
In this report, we have looked at Leasing, Investment, and Retail & Leisure markets in the Centre of London, along with key shaping trends amongst London occupiers. This edition also provides you with our expert, in-house views into the current market and the outlook for 2017.
Our full report is available on request. Please contact our team to discuss your interest in receiving this data and to obtain a copy at firstname.lastname@example.org or on 020 3757 7777.
Union Street Partners regularly contribute to and host events, receptions, presentations and round table discussions focused on the Centre of London for investors, developers, occupiers and managers. Please contact Marie Dunne for further details.