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The rise of office to hotel conversions
"Savills research shows that in 2024 over 330,000 square feet of office space across ten buildings in the City of London were acquired with the intention of being converted for hotel use."
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"Savills research shows that in 2024 over 330,000 square feet of office space across ten buildings in the City of London were acquired with the intention of being converted for hotel use."

"June sees sixth £100m+ deal of 2025, as H1 turnover reaches double this time last year"

"Momentum continues to build as May sees highest number of deals this year"

"Welcome to your latest Central London office market watch, exploring insight from the City and West End office occupational markets"

"Whilst leasing activity was off to a subdued start, Q1 saw a pick-up in investment activity, with six large-scale trades exchanging"

"An uptick in appetite for larger lot size deals"
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"Towers in the City of London are perennially popular for developers, landlords and occupiers. "
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"With central London’s office vacancy rate now at just 7.5%, the lowest in four years, there remains a lack of good quality stock. "

"A quiet February frustrates market momentum"

"January sees highest monthly turnover for more than a year and signs of life for the larger lot size range"