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Analysis

Paddington is far from bearish as office vacancy falls and rents rise

The area’s vacancy rate sits well below the London average
CoStar Analytics
April 2, 2025 | 10:02 AM

Paddington’s success story has continued in 2025, with positive demand pulling office vacancies down to the lowest level in central London. Investors may soon follow, although a bumper transaction has recently been shelved.

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