RES forecast office rental growth by region, acknowledging that within each region, various drivers can influence rental trends. Looking at the MSCI data by construction date we can see that vacancy rates are much lower for newer stock (although not for the West End and Mid Town). This lower vacancy rate for newer stock is anticipated to result in stronger relative rental growth for such properties.

For more information on the RES Forecasting Service please email contact@realestatestratgies.co.uk.