Our hosts Bela and Lewis review market reports to analyse the Central London office market as it transitions into 2026, highlighting a period of stabilisation and selective growth. While overall vacancy rates have levelled off, the industry is experiencing a sharp divergence between high-quality modern spaces and older secondary buildings. Prime rental prices continue to climb due to a limited supply of premium assets, forcing businesses to secure leases years in advance. Furthermore, sustainability credentials and flexible workspace options have shifted from being luxury features to essential requirements for modern tenants. Ultimately, the report suggests that investor and occupier interest is now concentrated on top-tier properties that meet rigorous environmental and functional standards.