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London is set to offer 35 new large office buildings by the end of 2014, taking the total number of available office premises over 5,000 m2 to 60, according to new research by global property adviser Colliers International.

The results of the 2014 EMEA Office Report reveal that the UK capital will jump from eleventh to third place in the rankings for the number of immediately available, large office premises in Europe.

The report found that there will be just over 800 options across the 23 major European cities for corporates wishing to occupy 5,000 m2 of quality office space by the end of 2014. This number includes a variety of premises in new, recently refurbished and good institutional grade second-hand buildings, as well as properties planned to be delivered by the end of 2014.

With 98 options available, Moscow offers companies the highest number of options for large office premises. Paris (62), Amsterdam (60) and London (60) are in second and joint third places respectively with a dramatically lower number of offices available compared to Moscow.

However, London has the most significant number of offices in the pipeline (35) whereas Amsterdam’s figure is solely represented by existing space, with no large offices set to complete this year. In total, of the 23 major European cities, there are 802 good standard, large office spaces - 631 existing offices and 171 in the 2014 pipeline - available to occupy immediately.

The research identifies parallels between the number and type of properties available and local market dynamics, and shows that the lack of large office space available in European markets is forcing businesses to look outside of Central Business Districts (CDBs). Despite the largest markets in Europe - Paris, London, Munich and Moscow - having the most office stock available, only 19% of these properties are located in CBDs.

For the full report, Large Office Space - Where to find 5,000 sq m in Europe, click on the link below