Deloitte: "London gears up for next phase of property development" (and maybe 'Can Barnet Council palm off anyone with the three-quarters of Brent Cross that Hammerson is walking away from?')

Link to 'London Office Crane Survey' (PDF)

"Office space across central London has been running at below-average levels for five years, according to the latest Crane Survey from Deloitte Real Estate. 

The report paints a picture of short-term supply constraints, offset by underlying longer-term demand for space, with the next development cycle accelerating from 2016.

• 9.2 million sq ft of London office space now under construction
• Activity falls for second survey running – lowest number of new starts since 2010
• Rise in office take-up and lack of choice drives occupiers to pre-let
• Longer-term outlook points to new phase of development
• [That's enough bullet points. Ed.]