Q3 Investment down 68% on Q2 2016
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Whilst take-up rose slightly on the previous quarter, by 7%, with 2.1 million sq ft being let, Q3 Investment activity was down significantly on the previous quarter, by 68%.
It was a quarter in which we saw no investment portfolio deals completing. Q3 investment brought the total amount invested in 2016 to just £7.8 billion to date, the lowest Q1-Q3 investment total in over 3 years.
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Data in this report is sourced from EGi. Our research team continuously track the London office market from planning applications submitted or granted through to available space, details of the latest transactions and occupier details.
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We chose EGi to provide our business intelligence due to their exceptional coverage and detailed analysis of the market place. Whether I am checking planning applications, lease expiries or property transactions, all their researched data is bang up-to-date.
Craig Ross-Chesneau | Celltarga | Business Development Manager