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"The take-up of office space in the West End during the first quarter of 2011 was circa 1m sq.ft which is in line with the previous quarter ending 2010."
"Total investments for the first quarter in Central London was £2.2bn of which the West End accounted for approximately 50%."
"Availability across the West End slipped to just under 3.23m sq.ft, resulting in a further decline in the average vacancy rate to 5.2% from 5.4%."
"The M4 and wider Thames Valley is leading the recovery in the South East market. In the M4, Q1 2011 take-up marginally exceeded the ten year quarterly average while, in the M25, it was 30% below average."
"In the M25 vacancy rates are expected to remain relatively stable over the next 18 months, with the steady absorption of New and Grade A supply counterbalanced by a rise in Grade B space."
"Rents remain buoyed by strong demand and limited supply. Rental expectations positive across the country but particularly in London."
"Tenant demand rises for second quarter driven by improvements in office and industrial markets."
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Cyril Leonard 2010 - 2011 Newsletter
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