Quote:
Originally Posted by caltrane74
I read an article claiming that some of the office towers in London were built on spec, and are having issues finding tenants. Is this true?
How did this building do?
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I don't believe any of the 600,000 sf of office space has been let, and none of the apartments have been put on the market as of yet either.
Aon has leased 191,000 sf in the Leadenhall Building which has 610,000 sf.
The Walkie Talkie tower has leased only 6 or 10 floors out of 36, and it started construction on spec and got tenants as construction proceeded.
And I don't believe 100 Bishopsgate has any tenants, and that building has about 785,000 sf, but that's still in prep work I think.
I'm no expert on London, but for what it's worth,
Could the Eurozone crisis stall the London office space market?