33
remaining consistent with
McKay portfolio
Source: Strutt & Parker
Quality counts
In existing buildings
0
1
2
3
4
56%
Million
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
>60,000 sq ft
<60,000 sq ft
Annual take-up by size band (sq ft)
0
1
2
3
4
56%
Million
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Grade B
New / Grade A
Annual take-up by grade (sq ft)
0
1
2
3
4
56%
Million
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Post-completion letting
Pre-completion letting
Annual take-up by commitment type (sq ft)
Clear trends
Predominantly sub 60,000
Q3
Q3
Q3
MARKET REVIEW
South East Offices