{"id":1107447,"date":"2026-07-23T23:05:19","date_gmt":"2026-07-23T23:05:19","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/1107447\/"},"modified":"2026-07-23T23:05:19","modified_gmt":"2026-07-23T23:05:19","slug":"london-office-leasing-demand-falls-11-in-q2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/1107447\/","title":{"rendered":"London office leasing demand falls 11% in Q2"},"content":{"rendered":"

Analysts caution against reading the headline figures in isolation. Demand for older, lower-quality office space is weakening, while appetite for modern, energy-efficient buildings remains robust.<\/p>\n

\"Louise“It has to be remembered that 2025 was a strong year for office demand<\/a> on our platform, so this quarter’s annual drop is against a high base,” said Louise Sedgwick, commercial director at Rightmove.<\/p>\n

“Moreover, the headline statistics don’t tell the whole story. Demand in the London office market is becoming increasingly concentrated on the best-quality office space, with well-located Grade A buildings offering high levels of amenities and strong environmental credentials continuing to outperform.<\/p>\n

“On the other hand, secondary office spaces, especially in less attractive locations are struggling. This isn’t just a London story – it’s something that we’re seeing in commercial centres across the country. Indeed, it’s also something that is being reported in major office markets in many European cities.”<\/p>\n

\"ShababKnight Frank’s London research partner Shabab Qadar (pictured right) pointed to data supporting the flight-to-quality trend. “Flight to quality is gathering pace – Q2 take-up reached 3.1 million square feet, up 24% quarter on quarter and 11% above the long-term average, with 70% of activity focused on new and refurbished offices,” he said.<\/p>\n","protected":false},"excerpt":{"rendered":"Analysts caution against reading the headline figures in isolation. Demand for older, lower-quality office space is weakening, while…\n","protected":false},"author":2,"featured_media":1107448,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[7757],"tags":[748,393,4884,66776,257,50171,16,15],"class_list":["post-1107447","post","type-post","status-publish","format-standard","has-post-thumbnail","category-london","tag-britain","tag-england","tag-great-britain","tag-leasing","tag-london","tag-office","tag-uk","tag-united-kingdom"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116971802087504705","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1107447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=1107447"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1107447\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/1107448"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=1107447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=1107447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=1107447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}