General Market Comments
by Herb Martin
Publisher, London Office Guide
Welcome to the spring edition of the LOG. It is still very much a landlord's market in the West End and Midtown. The City office market, though still relatively strong, has been showing signs of slowing. This was to be expected considering the City's tenant base has been more affected by the credit crunch and the turmoil in the financial markets. Will the predicted slowdown in the overall economy finally begin to affect confidence in the future and on the demand for office space in parts of central London at historically high rents? See what the experts have to say. Before you start your search make sure you read the market updates at the beginning of the City, Midtown and West End sections to get the opinion of experienced professionals.
Also make sure you read the editorial articles at the beginning of the Guide. The more you know about business rates, service charges, incentives, fitting out costs and legal issues the greater the chances of making the right office space decision.
The Office Guide is an important and useful reference source for anyone with an office space requirement in London. We would like to stress, however, that it is always important to get professional advice. We strongly recommend that you discuss your requirement with an agent who specializes in the area where you would like to have an office. Contact an agent whose ad appears in the office directory or in the agent directory which starts on page 18.
Properties are entered on to our website in between Guides. So check our website www.london-office-guide.co.uk as well as the Guide. You can conveniently search the database for available properties by location, size or amenities such as air conditioning or parking.