Out of office: £3.5bn of office space sold for 'repurposing'

Uncertainty hits early-stage demand, says major agency, but deals still getting done; 'fairly sharp rebound' possible if rates settle.

'Understanding the gap between the two may be the most important factor in making a well-timed property decision this year', advises national buying agency.

Initial impact of the Middle East conflict is becoming more obvious, says Knight Frank.