Over the last quarter, Monmouth Dean has carefully monitored the levels of newly available office space that has come to the market in London’s various commercial villages in this critical three-month period. Levels of new stock effectively tripled between March and June, totalling just under 400,000 sq. ft. (with 70% of this being fitted, tenant-controlled space). These levels are expected to rise again significantly in Q3 as 320,000 sq. ft. of tenant held space in Shell Mex House, 80 Strand, hits the market.
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