The Trader 

Market Outlook: Square Mile high

The Trader

Global real-estate specialist CBRE reported that Q2 demand for City of London office space hit a record £3.6 billion, part of a total £5.3 billion invested in London commercial property.  Their data goes back to 1990, and the Square Mile’s latest is up £1 billion on last year.  Over the last 3 months 13 deals were worth over £100 million, and over the last 18 months 3 deals were signed for over £1 billion each, including 5 Broadgate to a Honk Kong-based property company.

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