London developers call for emergency measures in office space squeeze

cityam03-30

Office space squeeze risks 'constraining' growth (Photo: Turner & Townsend) The capital’s largest developers have called on the government to introduce emergency measures to solve London’s office ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLondon developers call for emergency measures in office space squeeze\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-30 22:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/london-developers-call-for-emergency-measures-in-office-space-squeeze/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Office space squeeze risks 'constraining' growth (Photo: Turner & Townsend) The capital’s largest developers have called on the government to introduce emergency measures to solve London’s office ...</p>\n\n<a href=\"https://www.cityam.com/london-developers-call-for-emergency-measures-in-office-space-squeeze/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARKX","symbol_name":"ARK Space Exploration & Innovation ETF","start_time":0,"source_url":"https://www.cityam.com/london-developers-call-for-emergency-measures-in-office-space-squeeze/","article_id":"2623349849","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/03/Untitled-design-30-1.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/london-developers-call-for-emergency-measures-in-office-space-squeeze/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2623349849","pubTimestamp":1774880463,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"London topped the LPA’s ranking of other top cities – including New York, Paris and Hong Kong – as the best destination for foreign direct investment, but may not have space for it.Average vacancy rates are more than double London’s in Manhattan, at more than 20 per cent.Alexander Jan, chief economic adviser at the LPA, told City AM: “If London is to turn its global investment lead into jobs and growth, it needs a sustained pipeline of high quality office space in the West End. Without that, the capital risks constraining its own success.”","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARKX":"ARK Space Exploration & Innovation ETF","BK4544":"ARK ETF合集","BK4539":"次新股","BK4233":"房地产运营公司","BK4564":"太空概念","UFO":"Procure Space ETF","LPA":"Logistic Properties"},"translate_title":"伦敦开发商因办公空间紧张而采取紧急措施而看涨期权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKX":1.5,"UFO":1.5,"LPA":1},"content_text":"Office space squeeze risks 'constraining' growth (Photo: Turner & Townsend) The capital’s largest developers have called on the government to introduce emergency measures to solve London’s office space crisis, which risks “constraining” growth.London Property Alliance (LPA) is urging the government to designate offices as critical economic infrastructure to address dwindling supply and boost economic growth.The LPA represents the capital’s largest property developers and investors, comprising the Westminster and City property associations.Central London has lost 14m sq ft of office space since 2018, according to the LPA, who say the capital is attracting huge amounts of investment but may no longer be able to support it with the commercial space needed.\n\nLondon topped the LPA’s ranking of other top cities – including New York, Paris and Hong Kong – as the best destination for foreign direct investment, but may not have space for it.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMore than 7m sq ft of London’s lost office space was in Westminster, where planning applications fell by 75 per cent between 2013 and 2024.Vacancy rate as low as 0.8 per centThe West End is facing the most acute office shortfall, the LPA’s research found, with London’s average 7 per cent vacancy rate crashing to 0.8 per cent in this area.The scarcity of supply is pushing up rents in the West End – rising more than 15 per cent in 2025, the most than any global city analysed by the LPA – and only 17 companies relocated in the last quarter.\n\nAverage vacancy rates are more than double London’s in Manhattan, at more than 20 per cent.Alexander Jan, chief economic adviser at the LPA, told City AM: “If London is to turn its global investment lead into jobs and growth, it needs a sustained pipeline of high quality office space in the West End. Without that, the capital risks constraining its own success.”","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"merge","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2623349849","isCrawlerRequest":true}