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No City of London Deals Above £100 Million in a Half-Year for the First Time Since 1999

Buyers Wary of Big Commitments in City’s Financial Heartland Amid Higher Borrowing Costs and Rising Vacancy
CoStar Analytics
July 2, 2024 | 12:28 P.M.

Investor appetite for large capital commitments slowed to a crawl in the first half of 2024, with the City of London, the financial district that forms the "Square Mile" failing to register a transaction over £100 million in a half-year period for the first time this century.

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