Savills are predicting these Zone 2 hotspots are likely to see an increase in activity this year following on from the South Bank's spell in the spotlight. Rent rises and low vacancy rates are making development an attractive option and rising values could lead to a re-appraisal of values by landowners and subsequent sales. It will be interesting to see to what extent this is borne out over the coming months.
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Whitechapel, Canada Water and White City predicted to be commercial hotspots in 2019
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A rise in commercial values, coupled with more stringent affordable housing requirements, has led to central London offices in emerging markets such as South Bank, Shoreditch and Aldgate overtaking residential as the highest value land use.
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