London office market leasing up 21% in Q2 2021

Leasing across the Central London office market was up 21 percent (to 1.98 million square feet) in second quarter 2021 compared with first quarter 2021, the highest quarterly total since the beginning of the pandemic. This is just one key statistic highlighted by U.K. occupier-only consultancy DeVono in its latest Q2 2021 Central London Office Market report, The Occupier. The market report provides a comprehensive analysis of the London office market, as well as the outlook for 2021.

“As the summer draws to a close, many businesses’ focus is fixed on a gradual, but mass return to the office,” said Shaun Dawson, head of insights at DeVono. “Whilst it feels as though we have been here before, last year was a false start, but it did prompt businesses to kick off reviews of their operations past, current and future. Being back in the office, even just for a few days has been for some a catalyst for change. There is now an understanding that workforce expectation