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Demand for central London office space sinks as thousands of finance staff work from home

HSBC and Deutsche Bank have both announced their staff will work from home part of the time

Demand for office space in central London sank in the third quarter as staff at major occupiers such as banks, insurers and asset managers continued to work from home as a result of the coronavirus pandemic.

A survey from the Royal Institution of Chartered Surveyors showed that 77% of surveyors reported a drop in demand for London office space.

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