Why technology is driving the City’s office boom – Telegraph.co.uk

In the past month, the pace of change in Londons office market has moved up a gear.

Despite the start of the Brexit negotiations, uncertainty on the future of Londons financial cluster, and the inconclusive general election result, demand for office space has increased.

Office demand in the first half of 2016 was 6.4 million sq ft up from 5.5 million sq ft in the six months to June2016.

On the face of it, this feels disingenuous, given the very real obstacles facing the London economy. While no one has seen the final Brexit deal, one would have to be a huge optimist to imagine the capital will not lose some financial jobs to EU cities like Dublin or Frankfurt.

Yes, the London office market would probably be seeing higher demand today without the political uncertainty, but Brexit has not been an insurmountable barrier to doing deals.

This is because in the property world now, the bread-and-butter...

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Why technology is driving the City's office boom - Telegraph.co.uk