Big Six office investment dropped to an eight-year low of £1.3bn in 2020, down 56% from 2019 and 41% below the five-year average. However, spending held up better in out-of-town submarkets, where it fell 33% year-on-year, versus a 56% decline in CBDs, according to CoStar’s latest investment data.
Big Six Office Investment Dropped to Eight-Year Low but Volumes Held Up Better Out-of-Town
Out-of-Town Submarkets Recorded 35% of All Investment Last Year
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