New office starts fell 35% in London last year, Deloitte survey shows

By Daniel Gayne2026-04-28T11:19:00

Source: Shutterstock

Consultant anticipates supply gap later in decade

New office construction starts fell 35% in the capital in 2025, according to Deloitte.

The consultant’s latest London Office Crane Survey showed starts stood at 4.8 million sq ft in 2025, with refurbishments accounting for 66% of all new start volume.

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