LETTINGS
\nSALES
\n![](\"https://ggfx-strettons.s3.eu-west-2.amazonaws.com/i.prod/so4_E_Gw_AAAABJRU_5_Erk_Jggg_8602427679\")
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We thank all of our clients and contacts who we have had the opportunity to work with again this year. Our outlook for the next year is positive and we will continue to work hard to deliver results across our teams.
\nIf we can answer any questions across any sector or on upcoming projects for 2025, please get in contact. You can see what our Industrial & Logistics and Development Land teams are up to here.
\nWishing you a successful year!
","Content_and_Image":[{"Content_Section":"As we closed 2024, London's commercial property market and our agency teams demonstrated remarkable resilience, adapting to ongoing economic shifts and evolving occupier needs. While nobody in the industry will tell you the last few years have been easy, we continued to match active requirements with the right properties as the demand has increased.
\nWe're confident about 2025, with some results indicating that the market is moving in the right direction. Looking at our Commercial Agency metrics:
\nWe were proud to start the year awarded by CoStar for our office activity. This was our third year running for CoStar recognition in our East and North London territories.
\nComing into the new year, our overall agency activity kept us at the top of the EG Radius On-Demand Ranking charts across multiple categories. In all of Greater London and all agencies, Strettons Commercial Agency teams placed as the 7th highest lettings & occupational sales contributors across all sectors.
\nSome others we are particularly proud of are:
\nYou can view all the awards by sector and area here >>>
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\nLETTINGS\n | \n\nSALES\n | \n
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Here's a bit more about how our sectors performed.....
","Image_Section":null}],"Show_Subscribe_Updates":true,"Accordion_Component":[{"Title":"New Build Developments and Town Centre","Content":"Over 2024, many new build development schemes we have been working on in major regeneration zones neared completion or continued to shift. Our multisector teams brought the commercial elements to market across our core patches of east and north London.
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Our expertise in regeneration and emerging submarkets, paired with our coverage across a vast cross-section of occupiers, has helped us shift substantial mixed-use developments.
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Wickside3-13 Hepscott Road, London, E9 5HJ
\nBlocks B-E, 1-7 Dace Road, London E3 2NG
\nRed Lion Row, The Silk District, Whitechapel E1
\nStratford new build development deals
\n9-15 Helmsley Place, London Fields, E8
\nGredley House, 1-11 Broadway, Stratford, E15 4BQ
\n11 Station Road, Upminster, Essex, RM14 2SJ
\nThe office sector continues to experience a period of adjustment, and landlords are increasingly focusing on creating flexible, amenity-rich workspaces that cater to the evolving needs of modern businesses. The year started with a steady flow of office leasing and sales enquiries, leading to a range of transactions in a competitive marketplace shaped by the surplus of traditional supply and increasing numbers of applicants considering managed and serviced office solutions. Following one of our key themes of 2023, owner-occupier sales enquiries were still coming in as those with cash funds or successful borrowing put down roots for their businesses.
\nSome trends in the London City and Fringe office market began to emerge, which changed how we approached our marketing, leveraged our multisector applicant network and helped landlords position their space for a broad interest base. These trends include a preference for high-spec, ready-to-move-in offices (fitted spaces coming to market were up 30% this year) and repurposing existing office stock for other uses such as hospitality, wellness and medical.
\n305a Kingsland Road London, E8 4DL
\nThe Green House, 244-254 Cambridge Heath Road E2 9DA
\nDalston Works E8, 5 Martel Place, London E8 2FQ
\nThe Old Brewery, Blundell Street, London N7 9BH
\nCentury House, Tanner Street, London SE1
\nBlock C, Stone Studios, 80 Wallis Road London E9 5LN
\nWool House, 74 Back Church Lane, Whitechapel, London, E1 1LX
\nThe year started strong, with our retail leasing and occupational sales activity placing Strettons at the top of the EG Radius rankings by number of deals in Greater London. Jon Morell was recognised as the most active retail agent in London by number of deals. As the year has progressed, we are still firmly in the top ranks amongst the top 4, alongside the West End firms.
\nCoronation Square, 116 Oliver Rd, Leyton E10 5UJ
\nStratford Market Village, 70-73 The Mall, London E15 1XQ
\nHale Wharf, London, N17 9NF
\n361-373 City Road, Angel EC1V 2PY
\n36 Charlotte Road, Shoreditch EC2A 3PG
\nUnit E, Stone Studios, London E9 5LN
\nMany Islington transactions
\nOur Investment, Industrial and Commercial Agency teams attended MIPIM, where the overall tone of the conversation was much more optimistic than the previous year, showing more confidence to progress investment discussions. We have been working with clients from private investors, family offices and funds on various opportunities, including shops and uppers, retail parades, campuses of warehouses and purpose-built offices.
\nWith the fall of inflation, the debt market started pricing in cheaper debt, which helps with deals, but active investment requirements are relatively low. The market has re-priced significantly over the past 12 months, so value is now emerging for those with cash to deploy. Investors are seeing huge relative value in offices versus all-time highs, and clients are broadly planning for the year ahead.
\nFordway Works, Dace Road, London, E3 2NG
\n59-67 Mile End Road, London, E1 4TT
\nSt Francis of Assisi, Fleetwood Road, London, NW10 1NR
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Holloway Road Parade, N7
\nBilliard Factory, Holloway Road, Islington, N7
\nWarehouse W, 3 Western Gateway, Royal Victoria Dock, London, E16 1BD
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