Central London Offices February 2014

Central London office transactions in February 2014 reached 802,000 sq ft in 35 deals of 5,000 sq ft of more. Two deals dominated the month: EY taking 205,000 sq ft at 25 Churchill Place and ING Barings taking a 120,000 sq ft pre-let at the nearly complete 8-10 Moorgate in London, EC2.

Deals for Grade A space dominated during February, with 600,000 sq ft of the 800,000 sq ft signed on new office space. Professional and Financial sectors dominated as a result of the EY and ING deals, but there were also significant lettings to the TMT (technology, media and telecom) sectors.

The City and Docklands dominated lettings with over 80% of transactions coming in these areas.

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