Fringe benefits: Demand for office space in London’s Western Fringe is on the rise
It’s all happening to the west of Hyde Park: £100 rents, 50% price increases, new buildings reach full occupancy
Office vacancies in London’s Western Fringe, where employees rub shoulders with the wealthy residents of Kensington, Chelsea and Notting Hill, are falling amid rising demand for sp...
Offices in the spotlight as demand rebounds and core capital returns to London
British Council for Offices and CoStar’s UK office outlook roadshow kicks off in style with a big event at a revived Canary Wharf
More than 200 leading industry figures braved the rain last week to attend the first of a series of roadshow events to shine a light on the key trends unfolding in a recovering but...
UK economy grows at its fastest pace since early summer
National output grew by 0.3% in November to provide some momentum for 2026
The UK economy outperformed expectations to expand at its strongest pace in five months in November, driven by car production and services, which raised hopes that some economic mo...
The big UK office round-up: How was 2025 for your market?
CoStar’s analysts assess how London and the key regional office markets have performed during another turbulent year
To office market participants and observers, 2025 marked the year when the recovery finally began. Following four-and-a-half years of heavy demand losses totalling 48 million squar...
Has the UK office market’s flight to quality finally eased?
Demand for non-prime UK offices turns positive for the first time since 2019
The much-discussed flight-to-quality trend has finally eased after net absorption turned positive for non-prime UK offices, defined as offices rated 4 stars or below by CoStar’s ra...
Webinar: UK commercial property year in review
Watch CoStar’s recent webinar covering the key trends and insights from 2025 and the reasons to be positive moving into 2026
CoStar last week hosted the webinar “Hindsight is 2025: Year in Review for UK Commercial Property”, where senior director of market analytics, Mark Stansfield, shared exclusive ins...
Crane drain: UK commercial property development sinks to 11-year low
Data on new starts suggests no imminent revival as construction costs remain high
Construction activity continues to decline across all commercial property sectors, with the amount of space underway nationally dropping to its lowest level since 2014. An interest...
Hindsight is 2025: year in review for UK commercial property
Register now for next week's webinar
As 2025 draws to a close, join CoStar’s Senior Director of Market Analytics, Mark Stansfield, for an exclusive, data-rich review of the UK commercial property market. This webinar ...
Inaugural Thames Valley offices round table reveals areas of strength and weakness in a recovering market
CoStar caught up with leading industry figures this week to discuss the Thames Valley office market
Following similar events in other key UK markets, CoStar this week held a Thames Valley offices round table with leading figures in the market as part of a series of discussions ai...
Retail demand bounces back strongly in Hammersmith and Fulham
A host of significant openings at Westfield London push retail take-up in the west London borough to a seven-year high
Demand for retail space in the west London borough of Hammersmith and Fulham is rising, with several positive indicators pointing towards ongoing demand moving forward.
Spotlight on Knightsbridge: Dearth of high-quality supply is restricting demand
Rents in the exclusive London area are holding up well
Knightsbridge’s office vacancy rate has stabilised at a relatively low level amid steady demand for space and ongoing weak development in the wealthy and exclusive district.
UK economic growth slows to a crawl ahead of crucial Budget
National output shrank in September amid rising business uncertainty, as the pressure continues to rise on Chancellor Rachel Reeves
The UK economy underperformed expectations in the third quarter of 2025, growing at its slowest pace in nearly two years, forming a weak backdrop to a vitally important Budget on 2...
Mixed picture for yields as chasm opens between London and regional offices
London office yields continued to harden over the summer as momentum builds towards a busier end to the year
Subdued investor demand and deal activity filtered through to weaker property pricing in some segments of the market in the third quarter of 2025, but London offices continued to b...
The great UK office rebound: Demand hits five-and-a-half-year high and vacancies stabilise
Net absorption of office space turned strongly positive in the third quarter, heavily led by London
Heightened global uncertainty led many investors to pause activity over the summer, but office occupiers took up space at the greatest pace since the pandemic began, providing enco...
UK economy grew in August but tension mounts ahead of a big Budget next month
Mild upturn boosts Chancellor Rachel Reeves though some sentiment indicators are now heading in the wrong direction
The UK economy returned to growth in August as manufacturing output improved, although faltering business and consumer confidence form the more immediate backdrop to a vitally impo...
Spotlight on Richmond upon Thames: Office demand is picking up, but vacancies remain elevated
Recent Lindt and BPCE lettings illustrate growing demand for prime space in the leafy borough after a difficult period
Demand for office space in the affluent London borough of Richmond upon Thames has fallen sharply in recent years, and its vacancy rate has jumped accordingly, though tentative sig...
Prime Mayfair office availability sinks to 20-year low
Less than 700,000 square feet is available across all buildings in London’s premier submarket, equating to under a year’s take-up
Mayfair is experiencing a growing space shortage as the supply of office space in the UK’s most expensive submarket fails to keep pace with demand.
Dividing the West End: North outperforms South amid Elizabeth line lure and public sector struggles
The West End is performing solidly, but there is a big disparity in office demand and vacancy across its nine submarkets
London’s premier office district has been one of the bright spots in the wider office malaise of recent years. However, some parts of the West End are performing better than others...
UK economy flatlined in July as manufacturing slumped, but there are reasons for optimism
Faltering growth adds to pressure on Chancellor Rachel Reeves ahead of the November budget, though some sentiment indicators are positive
The UK economy failed to grow in July amid a sharp downturn in manufacturing output, with a slowing economy set to become the backdrop to a vitally important Budget on 26 November.
Noho's a country for new firms as office take-up climbs to three-year high
Demand is picking up in the area north of Oxford Street’s eastern side, but vacancy remains stubbornly high
Demand for office space in the trendy West End enclave of Noho is bouncing back after a challenging period, with Pinterest’s recent letting emblematic of an area in recovery as tec...