
Market in Minutes: Central London retail – Q2 2025
"Occupational demand remains buoyant for prime opportunities, but caution amid increased operational and fit-out costs is tempering rental growth"
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"Occupational demand remains buoyant for prime opportunities, but caution amid increased operational and fit-out costs is tempering rental growth"
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"When occupiers look ahead to their next office move, there are generally three key things that they take into consideration: location, quality and convenience."

"Occupational KPIs remained robust in Q1, albeit rental growth and vacancy contraction have continued to slow"

"Oxford Street was one of the few streets in the West End to see an acceleration in vacancy contraction and rental growth in Q4"

"Which categories will see the most active brands this year and why? Savills Retail explore the ones to watch…"
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"On 17 September 2024, the Mayor of London, Sadiq Khan, announced proposals to transform Oxford Street into a traffic-free pedestrianised avenue to create a ‘beautiful public space’. "
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"West End sales performance remains mixed, with strong summer figures offsetting a softening in September"

"Stabilisation of occupational trends leads to improving investor interest however, consumer confidence remains fragile ahead of the Autumn Budget"

"Vacancy continues to come under downward pressure helping to drive rental growth, albeit the rate of this growth is starting to slow as performance normalises"

"In the face of subdued sales performance, vacancy continued to contract over Q1 2024, with the prime West End reporting double-digit year-on-year rental growth of 11.7%"