Who is the M25’s most active agent?

Hanover Green has surged to the top of EG’s M25 office disposals league table, scoring a double of most space disposed – taking an 18% market share – and deals completed with 57 disposals. The firm’s largest deal was the 49,000 sq ft letting to Stanley Black & Decker at 270 Bath Road in Slough, Berkshire, acting jointly with Savills. The TMT sector was the largest occupier of space during the year ended March 2018, accounting for 26.5% of take-up. Almost half of this demand came from software companies, with the region’s ample business park proving to be an attractive offering. Notable deals in this sector include 44,000 sq ft let to Panasonic at Maxis in Bracknell, Berkshire, and 40,000 sq ft let to BSkyB at Stone Cross in Brentwood, Essex. The current malaise in the retail sector was in evidence within the M25 too, with take-up figures dropping by 9% year-on-year – the largest decrease of any sector. Total floor space occupied more than halved during the period to 250,000 sq ft. At 2.8m sq ft, total take-up across the region fell for the second year running, down by 18%. Deal volumes and average size were also both down by 7% and 13% respectively. Going up: Dowley Turner Real Estate. DTRE doubled its deal numbers to 27 and boosted take-up by a quarter. A string of lettings at Chiswick Park and across the western M25 in general helped the firm climb three places to sixth. Going down: Cushman & Wakefield. Cushman & Wakefield dropped out of this year’s top 10. A busier year acquiring office space saw its disposal figures suffer; plummeting to just six deals and take-up of 95,000 sq ft, reflecting a 68% decrease for the year. Ned Chehalfi is a senior researcher