Inflation fears push slump in demand for City offices

cityam04-24 12:00

London office demand has fallen after a bumper 2025 Demand for office space in the Square Mile slid in the first quarter of the year as investors stalled decision making following the outbreak of war...

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GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/inflation-fears-push-slump-in-demand-for-city-offices/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>London office demand has fallen after a bumper 2025 Demand for office space in the Square Mile slid in the first quarter of the  year as investors stalled decision making following the outbreak of war...</p>\n\n<a href=\"https://www.cityam.com/inflation-fears-push-slump-in-demand-for-city-offices/\">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 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as a whole in the first three months of the year, Rightmove research shows.This data bucks the consensus of soaring demand for central London property, but property experts say the Iran war has caused a “pause for thought” in the rush for commercial space.Some areas of London have seen an even bigger fall in office leasing demand, with Tower Hamlets and Wandsworth seeing 51 and 35 per cent drop-offs.Iran war gives investors ‘pause for thought’Investment in leisure property also proved unpopular – down 14 per cent – while demand for retail investment fell by just two per cent, and demand for industrial investment soared by 13 per cent.","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","BK4211":"区域性银行","UFO":"Procure Space ETF","CHCO":"City Holding Company","BK4564":"太空概念"},"translate_title":"通胀担忧导致城市写字楼需求下滑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHCO":1.5,"ARKX":0.66,"UFO":0.66},"content_text":"London office demand has fallen after a bumper 2025 Demand for office space in the Square Mile slid in the first quarter of the  year as investors stalled decision making following the outbreak of war in Iran. Office property demand fell by 23 per cent year on year in the City of London and 14 per cent in the capital as a whole in the first three months of the year, Rightmove research shows.This data bucks the consensus of soaring demand for central London property, but property experts say the Iran war has caused a “pause for thought” in the rush for commercial space.Some areas of London have seen an even bigger fall in office leasing demand, with Tower Hamlets and Wandsworth seeing 51 and 35 per cent drop-offs. \n\nDemand slump worse in London Camden and Lambeth are the only areas where demand for office space has improved at the start of this year, jumping a measly one per cent in both areas.\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\nThe drop in demand for London office space was far steeper than the national trend, with a three per cent fall recorded across the UK.\nDemand to lease retail and leisure space also fell – by nine and 11 per cent – while only industrial property saw growing demand, up six per cent. The start of this year has also seen a drop off in desire to invest in commercial property, with investment demand for office space falling by nine per cent in the UK and 18 per cent in the capital.\n\nIran war gives investors ‘pause for thought’Investment in leisure property also proved unpopular – down 14 per cent – while demand for retail investment fell by just two per cent, and demand for industrial investment soared by 13 per cent.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","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; 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