Aspire Market Guides


Offices are out of favour for many investors, evidenced by the near illiquidity of lot sizes more than £100mn in the City of London area.

The silver lining to the recent downward valuation of the once record-breaking Walkie Talkie building in London by a reported £380mn is that the market is adjusting to a new norm.

With falling values and wider environmental, social and economic trends continuing to affect the office sector, many owners are considering their strategies for the future of their assets.

Options vary according to which part of the market you are looking at and these opportunities will be fact-specific as there is no one-size-fits-all solution, especially at the lower end of the market.

Pockets of the market remain active with smaller assets attracting cash buyers and the core West End consistently outperforming the City.

However, central London transaction volumes remain low, meaning fewer comparables to value larger assets. 



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