What impact is the pandemic going to have on the London office market?

It was early on, under lockdown conditions that we conducted a series of webinars looking at how people would return to the office and what sort of office they would return to. Our Return to the office webinars can be found in full here: Part 1 & Part 2.

We identified 5 areas coronavirus would likely impact the office market.

  1. An increase in the amount of leased space available on the market
  2. Leases themselves in various ways
  3. Concern over capex; fit out costs and write off costs
  4. Rents and capital values.
  5. Challenging times for serviced offices.

BBG Partner Tom Boggis elaborates on the five areas in the video below.

Thanks for watching, please share your views with us by the comments section or get in touch.

This article was written by Nick Jones

About BBG Real:

BBG Real Estate Advisers are commercial and flexible office space advisers based in the City of London. We help a landlord find an office tenant, a tenant to sublet surplus space, or help a company find a London office to lease or rent on flexible terms. For a conversation about how BBG might be able to help you in your office strategy please get in touch with one of our team: Contact us.

Share

For further information contact

BBG Real Estate London
Cookie Settings

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

 

BBG - Advisers and Advisors, a specialist London City practice providing clients with a full range of complementary real estate services. We have a portfolio of available commercial real estate property and offices for rent, sale and offices to lease across London. Real Estate Agents operating across London specialising in Flexible Offices and Work Places. Office Space to Lease Real Estate Property Agents London.