South East Offices
Key towns update of activity
Q2 2020
Jam Factory, Oxford
Data & analysis
Commentary
Piers Leigh
Principal, South East Offices
Q2 OVERVIEW
Welcome to Avison Young’s South East quarterly update which focuses on 10 key markets made up of in town and out of town markets, covering the whole of the south east geographical area. In this update we look back at Q2 which was the first full quarter to be directly affected by the lockdown measures put in place to combat the Covid-19 Pandemic.
SOUTH EAST OCCUPATIONAL OUTLOOK
Quarter 2 has been a challenge like no other across the property market, never before in modern times have restrictions been put in place that mean that offices for most of the quarter have been “out of bounds”, no inspections allowed to take place for most of April and May and, as we ended June, the vast majority of us were still part of the great work from home experiment.
James McFeely
Director, South East Offices
INVESTMENT MARKET
The key theme of Q2 2020 across all sectors has been a substantial reduction in investment transactions as investors grappled with the initial impacts of the economic shutdown.
South East key town activity
Varsity Corridor
M3/M4 Towns
M25 Towns
Should you wish to discuss any details within this update please get in touch
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