3 industries that are leading real estate office space boom in London

The industries that are leading Real estate Office boom in London

The latest Deloitte survey on  the growth of office space real estate in London shows that corporations continue to invest on real estate office space in a big way.

1. The latest estimates show that   London office space construction is up by 24% in the last 6 months  with more than 9.5million square feet of prime office rental space under construction
2. Office space real estate  in London increased by 6.3million sq feet in 2014 a ten year high since 2005
3. 50% of real estate office space boom in London is led by the TMT industry Technology, Media and Telecommunications industry

In 2012, Tech, media and telco made up 12% of real estate occupancy in London for the first three quarters

UK Fintech industry to exceed £20billion ,growing at 18%

FINANCIAL ANALYSIS AND BIG DATA

The UK  Fintech market is  worth c. £20bn in annual revenue which is growing at 18% presently. According the latest findings by  Ernst and Young ( summarized in chart above )  shows the state of the UK  Fintech market sizes across the 4 verticals

1.  Payments  Space (c. £10bn), 
2. Software (c. £4.2bn),
3.  Data and Analytics (c. £3.8bn) and 
4. Platforms (c. £2.0bn).
   Meanwhile the  highest growth areas  across Fintch industry has been across peer-to-peer platforms, online payments and the data and analytics products (credit reference, capital markets and insurance) which together represent . 60% of the sector.