2017 and 2018 completions are 53% prelet and 2019 and 2020 completions are 9% prelet
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- The total under construction pipeline is 15.6m sq ft, of which 9.45m sq ft is available.
- 1.3m sq ft completed in Q2 2017 of which 710,000 sq ft is available.
- Take-up by prelets in Q2 made up 17% of the total.
- The largest prelet of the quarter was to WeWork at Two Southbank Place, SE1 acquiring 280,000 sq ft.
- The most active market is City Core with 7.98m sq ft under construction, in 40 schemes. The West End has 1.70m sq ft under construction, in 33 schemes.