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Podcast: The Property Nomads Podcast
Episode: Empty Commercial Property On The Increase - Opportunity Is Here
Description: Rob looks into the topic of commercial property and discuss an interesting article about London's office market, highlighting that London's office space is currently experiencing its highest vacancy rates in 30 years, with a 20% contraction in office usage due to post-pandemic hybrid working and a preference for greener buildings in the suburbs. Rob discusses the fact that this trend presents significant opportunities for investors and developers, as commercial property giants like land securities are downgraded by analysts. KEY TAKEAWAYS London's office market is experiencing a rent recession, with the highest levels of empty space in 30 y...