South east businesses could grow quicker than in the City
The Royal Institution of Chartered Surveyors Annual Occupier Survey, in association with EY and Savills, conducted a survey and respondents in the south east expect to increase almost double the amount that companies in London will.
Julian Lyon, director of Worldwide Occupier Services at Savills, said: ‘Given the potential increase in cost pressures for office space in central London, we would expect to see a greater level of occupational activity and expansion in the outer London and south-east markets.
‘The positive net balance of occupiers expecting to expand across the south east over the next five years is an encouraging market sentiment.’