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Office rental costs per square foot in London, England Q2 2019

Cost of office rent in London in the 2nd quarter 2019, by area (in GBP per square foot)

by James Cherowbrier, last edited Aug 23, 2019
Office rental costs per square foot in London, England Q2 2019 The cost of rent for office space in London is the highest in Europe. In the second quarter of 2019, the West End had average rents per square foot of 112.5 British pounds. The average annual rent in London for prime office space was more than 550 euros per square foot annually than second place Paris.
Prime yields

For commercial real estate investors, prime yields in London averaged at between four and 4.75 percent at the end of 2018. As of compared to the rest of the United Kingdom, yields for prime office space in London was up to two percent lower.

Commercial investments

Office real estate, which comes under the broader term of commercial real estate, accounted for almost half of commercial investments in Western Europe during 2018. Between 2015 and 2018, the United Kingdom was the leading country in Europe in terms of commercial investment, with Germany coming in as a close second.
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Cost of office rent in London in the 2nd quarter 2019, by area (in GBP per square foot)

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Office real estate in London (UK)
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Statistics on "Office real estate in London (UK)"
  • Size and investments of office real estate
  • Construction and developments
  • Take-up
  • Availability and vacancies
  • Rents and prime rents
  • Prime yields
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