Central London office market shows resilience amid slowdown

Despite a slowdown in leasing volumes, the Central London office market is showing signs of quiet resilience and evolving demand, according to tenant-only real estate advisor, Devono.
Devono’s newly released Q1 2025 Central London Office Market Snapshot reveals that while total office leasing dropped 31 per cent quarter-on-quarter to 2.9 million sq ft, activity remains above pre-pandemic norms, with deal volumes still 12 per cent above the long-term quarterly average. The report point