CoStar Data Reveals Nine-Year High in London Southern Fringe Office Leasing, Driven by Smaller Occupiers
According to CoStar Group, a global leader in commercial real estate information, leasing volumes in London's Southern Fringe reached their highest level since 2016. This surge was primarily driven by increased activity among smaller occupiers in 2025, with leasing rising to nearly 1 million square feet. A significant pre-let at Battersea Power Station contributed to this growth. However, the first quarter of 2026 saw a slowdown, with only one deal exceeding 10,000 square feet. CoStar's data highlights a shift in leasing dynamics, with more frequent but smaller transactions.