office rents

"Covid-19 significantly restricted activity in Q2"

"Tenant requirements increase, while supply rises as leasing activity continues to remain subdued"

"Take-up and requirements increase month on month, although under-offers continue to fall"

"Grade A supply has fallen by 53% since the end of 2019"

"Q2 take-up down 67% on the long-term average whilst tenant requirements remain on hold"

"We are expecting rental falls in H2 before rebounding next year once normality returns"

"May sees an uptick in the level of requirements, although more are being placed on hold"

"High levels of pent-up underlying demand remain despite slow pace of leasing activity"

"Inevitable drop in take-up for April, although still a significant amount is under offer in the City"

"Take-up drops amidst Covid-19 uncertainty, whilst space under offer remains at a high level"