This summary is the MCM overview of the current state of the London market and our forecast for 2020.
We have reviewed the London commercial office and occupier real estate market at the end of Q3 2019 and based upon our research, we have made a few predictions for the coming year 2020.
To make a meaningful overview of the market, our research and analysis has been focused largely on greater London. The reason for this is that the London market drives much of the UK market. Much of our business is derived from occupiers moving offices or landlords refurbishing commercial offices and the decision makers are mostly in London even if our projects are across the UK and EMEA.
We have also looked at the major issues and challenges that our clients tell us really matter. What is making their businesses thrive and what is keeping their people happy and motivated.
Finally, we have looked at the greater economic indicators beyond just real estate data. The big picture and global influences to watch out for.