London office landlords remain bullish despite Brexit

London’s office landlords remain bullish despite Brexit, with new data showing businesses are on the hunt for 9 million square feet of space in the capital.

Property agent JLL calculated that there is 9 million square feet of “active” demand for central London offices, up from 6 million square feet this time last year.

It said the majority of the demand is coming from the banking and finance sector.

Developers speaking at the Mipim UK property conference this week said firms were concerned about supply running low and trying to secure the best headquarters to attract top employees.

Ned Williams, director at Evans Randall Investors, which has a number of buildings near Farringdon station, told the audience: “This is still the city where people want to live, work and learn.”

Marie-Eve Raux, a senior director in Canadian investor Ivanhoé Cambridge's Europe team, said: “We are a long term investor. We still believe London is a mature market...and rents are stable.”