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Sector reportJuly 20241 min read

Recruitment Sector Report: London Offices 2024

Devono’s Insights Team are pleased to share with you our latest report, Resilience Amidst Change: Recruiter London Office Leasing Trends. Office leasing by the recruitment sector is particularly sensitive to trends in the labour market and the wider economy. Given the negative sentiment and uncertainty that pervaded the sector over 2023, the suggestion would be that recruiters would be more cautious with their leasing.

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Office leasing by the recruitment sector tracks the labour market and the wider economy more closely than most. Given the negative sentiment across the sector through 2023, you would expect recruiters to have pulled back on space. This report sets out what they actually did, and what that says about how the sector reads its own outlook.

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