Central London commercial property availability rises for first time in two years

The availability of central London commercial property was still below trend at the end of the third quarter of 2015 despite seeing its first rise in two years, according to new research. Following two years of decline, the figure increased by 6% but was still 29% below the 10 year average of 14.7 million square feet, the data report from global real estate consultancy CBRE shows. It explains that the 6% increase in availability is partly due to a dip in take-up, which fell 11% while remaining a...