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London serviced office market grows by two thirds in 10 years

Deloitte Real Estate research shows that serviced offices now make up 5m sq ft across central London. London's serviced office market has grown by more than two thirds over the last 10 years, according to Deloitte Real Estate's Business Footprint report. A total of 1.7m sq ft – 34% - of this is in the City, which has seen its share of serviced office space rise by 21% over the past ten years. The West End has the next largest share with 1.4m sq ft, representing 28% of the London market. The Docklands and the E1 postcode are also gaining in popularity, seeing their market share rise by 350% and 250% respectively over the decade.

 

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