伦敦办公室聚焦2025年第三季度

Q3 2025 A quarterly snapshot of the London office market. knightfrank.co.uk/research London Overview Key Themes 2. 3. 1. Constrained development pipelinecontinues to impact occupierdecision-making. City & Southbank Overview Docklands & Stratford Overview West End Overview We like questions. If you’ve got one about our research,or would like some property advice, we would love to hear from you. Head of London OfficesPhilip Hobleyphilip.hobley@knightfrank.com+44 20 7861 1192 London Lease AdvisoryJames Thistlejames.thistle@knightfrank.com+44 20 7861 1381 London Tenant RepresentationRichard Proctorrichard.proctor@knightfrank.com+44 20 7861 5159 Chairman of London OfficesAngus Goswellangus.goswell@knightfrank.com+44 20 7861 5150 London DevelopmentAndrew Tylerandrew.tyler@knightfrank.com+44 20 7861 1319 Flexible Office SolutionsAmanda Limamanda.lim@knightfrank.com+44 20 3826 0661 Valuation & AdvisorySimon Gillespiesimon.gillespie@knightfrank.com+44 20 7861 1292 London Capital MarketsJamie Popejamie.pope@knightfrank.com+44 20 3909 6814 London LeasingDan Gauntdan.gaunt@knightfrank.com+44 20 7861 1314 Ian McCarterian.mccarter@knightfrank.com+44 20 7861 1506 Nick Braybrooknick.braybrook@knightfrank.com+44 20 7861 1309 London ResearchShabab Qadarshabab.qadar@knightfrank.com+44 20 7861 1234 Edward Fairweatheredward.fairweather@knightfrank.com+44 20 7861 1323 Abby Brownabby.brown@knightfrank.com+44 20 7861 1306 Chris Dunnchristopher.dunn@knightfrank.com+44 20 3750 3289 Katie Oliphantkatie.oliphant@knightfrank.com+44 20 3967 7172 OliverSpracklingoliver.sprackling@knightfrank.com+44 20 3830 8638 iii.Availability refers to all space available forimmediate occupation, plus space still underconstruction which will be completed within sixmonths and which has not been let. vi.Under construction figures quoted in this reportrefer to developments of over 20,000sqft whichare currently underway. They do not includeproperties undergoing demolition. General NoteThis report has been prepared by Knight Frank Insight,the research and consultancy division of Knight Frank.Knight Frank Insight gratefully acknowledges theassistance given by the London office teams in thecompilation and presentation of this material. Certaindata sourced from LOD. All graph data sourced byKnight Frank. iv.Availability and take-up are classified into threegrades: New/refurbished: Space underconstruction which is due for completion withinsix months or space which is currently on themarket and is either new or completelyrefurbished.Second-hand A Grade: Previously occupiedspace with air-conditioning.Second-hand B Grade: Previously occupiedspace without air-conditioning. vii.Investment figures quoted in this report refer toaccommodation where the majority ofincome/potential income is from office usageand comprises transactions of £1 m and above.viii.The data includes standing investments, sitepurchases and funding transactions. Technical NoteThe following criteria have been adopted in the preparation of this report. ix.This report is produced to standard quarters.Quarter 1: January 1–March 31,Quarter 2: April 1–June 30,Quarter 3: July 1–September 30,Quarter 4: October 1–December 31 i.All floorspace figures quoted in this report refertosqft net. v.Demand figures quoted in this report refer tonamed requirements for over 10,000sqft. ii.Take-up figures refer to space let, pre-let, oracquired for occupation during the quarter.