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City set for office supply squeeze as construction tails off

Agency GVA says there is a ‘subdued pipeline’ of new space after 2020

A computer-generated aerial view of the City in 2026, including buildings currently under construction
A computer-generated aerial view of the City in 2026, including buildings currently under construction Photo: GMJ and City of London Corporation

The availability of office space in the City of London could undergo a “considerable” squeeze after 2020 unless ground is broken on new developments, according to a leading property agency.

The warning comes as businesses rush to snap up space in several flashy towers that are under construction and set to open soon.

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