Oliver Jay

speaker

592 appearances 1 recordings 1 series first heard Jul 2026 last heard 13 Jul

Oliver Jay’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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So in an in a market of what we call cat A space or let's say blank canvas to speak plain English.

In a market full of blank canvas space, if you have one office that is already fitted out,

That saved the occupier money and saved everybody a lot of time.

Exactly.

And that product became quite valuable.

In other words, it's a scarce product, therefore, value is going to increase.

Now, we sit today, years later, in 2026, in a market where fitted-out workspace, especially under 10,000 square foot,

Is now a product that i is more or less in abundance, especially in central London.

I would say below ten thousand square foot in zone one.

Yes.

Yes, it has.

I I would say more than ninety percent of available office spaces are configured that way in central London.

And

It's therefore not a scarce product anymore.

It's abundant.

And once again, as we know, if you want to increase supply, demand is going to go down.

And with this

abundance of fitted workspace, it now becomes

A flight to quality, a race to the to the bottom on price power.

And so we've seen a kind of drawn out um drawn out dip over the past five or six years since COVID nineteen really.

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