Dealmaking for Central London offices froze in the second quarter of 2020 following the onset of the pandemic and only 10 properties changed hands, making it the weakest quarter on record, worse even than the depths of the Global Financial Crisis. There are now signs of a recovery — aided by a string of large deals by overseas investors — though the market is not yet out of the woods, the latest Insights research report from Real Capital Analytics (RCA) shows.
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