Our latest Crane Survey tracks every office scheme under construction across central London, looking ahead at the potential delivery of space and its future impact on supply in the market.

1. Why measure crane activity?
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.
Headline results
110schemes under
construction
14.2msqft
of offices
under construction
42%
of space under
construction is let
1.7msqft
has completed
since last survey
0.7
Kings Cross
2.1
Midtown
0.2
Paddington
0.7
Docklands
0.1
Southbank
2.2
West End
8.2
City
14.2Total
Central London development pipeline million sq ft
Number of construction starts across central London
New construction starts by location
37
Previous high
(2007)
4
Low
(2010)
51
Today
19
Average
Three largest buildings in the survey
Largest new start
70 Farringdon Street
843,000 sq ft
Largest building completed
Southbank Tower
224,000 sq ft
Largest available building
under construction
100 Bishopsgate
867,000 sq ft
Which sectors leased space under construction this survey?
www.deloitte.co.uk/realestate
www.deloitte.co.uk/cranesurvey
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To view the London development website visit:
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Professional
6%
Financial
39%
Corporate
6%
Legal
9%
TMT
38%
Insurance
2%
City Southbank
26
2
King’s Cross
2
West End
12
Midtown
9
Office Crane Survey
The
year of the
Sum
m
er2016