Your SlideShare is downloading. ×
The Deloitte London Office Crane Survey: Summer 2014
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

The Deloitte London Office Crane Survey: Summer 2014

2,198
views

Published on

London is set for an upsurge in office development with a rise in demolitions and the readying of sites for new construction, but office space is likely to remain in short supply over the next two …

London is set for an upsurge in office development with a rise in demolitions and the readying of sites for new construction, but office space is likely to remain in short supply over the next two years.

For more information, visit www.deloitte.co.uk/cranesurvey

Published in: Real Estate, Travel, Business

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
2,198
On Slideshare
0
From Embeds
0
Number of Embeds
16
Actions
Shares
0
Downloads
9
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. WHICH SECTORS ARE TAKING SPACE? Leasing activity featured in this survey INSURANCE 20% TMT 37% FINANCIAL 24% DOWNLOAD THE NEW LONDON APP www.deloitterealestate.co.uk www.deloitte.co.uk/cranesurvey With the future of London literally at your fingertips, the New London App is a must have for investors, property owners, developers or occupiers, within the UK and internationally. There is simply no other tool in the market with the capability to showcase London’s offer in this way and it is set to revolutionise how the industry goes to market. London Offices Crane Survey data now added. www.deloitterealestate.co.uk/newlondonapp To view the London development website visit: www.newlondondevelopment.com THREE LARGEST BUILDINGS IN THE SURVEY 5 BROADGATE LARGEST UNDER CONSTRUCTION SEA CONTAINERS LARGEST COMPLETED 1 2 3ALDGATE TOWER LARGEST UNDER CONSTRUCTION AND AVAILABLE TO LET CENTRAL LONDON DEVELOPMENT PIPELINE MILLION SQ FT The London Office Crane Survey Summer 2014 WHY MEASURE CRANE ACTIVITY? HEADLINE RESULTS The Deloitte Real Estate Crane Survey measures office construction activity in Central London. The results present a picture of the health of not just the commercial property market, but of London as a whole. 64SCHEMES UNDER CONSTRUCTION 9.2mOF OFFICES UNDER CONSTRUCTION SQFT 45%OF SPACE UNDER CONSTRUCTION IS LET 1.6mHAS COMPLETED SINCE LAST SURVEY SQFT There is approximately 4.5 million sq ft currently undergoing demolition or major strip out works. Equivalent to: 7.6Shards LEGAL 3% PROFESSIONAL 4% OTHER 6%? CORPORATE 3% GOVERNMENT 3% 0 PADDINGTON 9.2 TOTAL 1.3 MIDTOWN 0.3 SOUTHBANK 0.7 KING’S CROSS 4.7 CITY 1.6 WEST END 0.5 DOCKLANDS NUMBER OF CONSTRUCTION STARTS SINCE LAST SURVEY ACROSS CENTRAL LONDON TODAY 15 LOW 4(2012) HIGH 37(2007) AVERAGE 19

×