Press enter

Office space demand has grown in Q1 | 12 May 2011

Quarter one of 2011 has shown a significant rise in demand for office space throughout the capital, according to central London surveyors.

They reported a rise in demand of 39 per cent – up 22 per cent on previous quarter results; whilst 43 per cent of greater London surveyors also said they had seen an increase in demand.

This is great news for the commercial property sector, as recent reports have also suggested that demand will only continue to rise over the coming months.

Furthermore, as demand outstrips supply in London, it may mean surrounding counties receive a boost to their commercial property market, too. This was confirmed by Mortgage Introducer, which said: “Interest from occupiers appears to be extending out beyond the capital.”

“The south-east was a significant beneficiary of this emerging trend, with surveyors reporting increasing interest in office space.”

Securing properties in both London and surrounding areas may lead to more investors procuring efficient property management software; as this will help them manage their property portfolios very easily, from any location.

One industry insider spoke out regarding the rise in demand, Simon Rubinsohn, who told Mortgage Strategy that: “London still appears to be where most of the activity…is taking place.”

“This is reflected in…a healthy recovery in capital values.”

Written by Deborah Bates on behalf of Qube Global Software

While posted by Qube Global Software all views expressed are not necessarily those of the company. All facts are verified where possible directly by the author.

Share this story
More News

Qube Global Software customers win at the Property Week Awards | 7 November 2017

We are delighted to announce that a number of our customers were crowned winners at the Property Week Management All-Stars awards – held at Grosvenor House, London, on the 2nd November.

Network Homes choose Qube Living | 16 August 2017

Network Homes has chosen to implement Qube Living to support its growing Build to Rent portfolio.

Qube Global Software customers shortlisted at ARMA ACE Awards | 6 June 2017

We are proud to announce that a number of our customers have been shortlisted at the prestigious ARMA ACE Awards.

This website uses cookies. By continuing to browse this website you are agreeing to our use of cookies. Please see our cookie policy for more details. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close

This website uses cookies. By continuing to browse this website you are agreeing to our use of cookies. Please see our cookie policy for more details. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close