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Spotlight on Covent Garden: office demand is bouncing back, but it’s a juggling act

Office vacancy in London’s theatre heartland is decreasing from high levels
CoStar Analytics
February 27, 2025 | 7:00 AM

Covent Garden’s famous streets, restaurants and theatres have regained their pre-pandemic vibrancy, but this is less true of its offices. Vacancies remain stubbornly high despite the return of positive demand in recent quarters. However, record rents are being paid for top-quality space close to the historic piazza.

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