Take-up of office space in central London is at it highest since 2007, according to research by Knight Frank.
The third quarter of this year saw 4.6m sqft of office space let.
The total is the highest quarterly take-up figure since 2007 and 45% above the long-term average.
The UK capital’s City district, meanwhile, recorded more than 3m sqft, a level not recorded since 2000.
Hayley Blackwell, Knight Frank senior analyst, said the company had noted improved occupier confidence this year.
“If occupier activity continues at this pace, coupled with the current level of space under offer, we could see record figures for central London take-up by the end of the year,” she said.
Amazon and M&G accounted for a significant amount of take-up in the quarter – 430,000 sqft and 330,0000 sqft, respectively.
In central London, supply fell to its lowest level since 2008, totalling 14.4m sqft and resulting in a 6.2% vacancy rate.
Knight Frank said the amount of large office space had fallen, with 13 buildings across central London offering 100,000 sqft of new and refurbished space to a single occupier within the next six months.
At the same point last year, the agent recorded 20 buildings in that category.
Around half of the 6.7m sqft of space under construction is pre-let.
