• Take-up for February was 0.6m sq ft, an increase of 20% on the previous month. However, take-up remained below the 10-year average of 1m sq ft.
  • The largest transaction of the month saw SMBC acquire 161,200 sq ft at 100 Liverpool Street, EC2.
  • Availability in Central London remained broadly unchanged in February, rising by just 16,000 sq ft to stand at 14.2m sq ft.
  • Under offers increased by 3% in February to stand at 3.7m sq ft, comfortably ahead of the 10-year average of 2.8m sq ft.