Office rental costs per square foot in London, England Q3 2018
Cost of office rent in London in the 3rd quarter 2018, by area (in GBP per square foot)
The cost of rent for office space in London is the highest in Europe. In the third quarter of 2018, Mayfair & St James’s in the West End had average rents per square foot of 115 British pounds per square foot. 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.
Cost of office rent in London in the 3rd quarter 2018, by area (in GBP per square foot)
Source
More information
Other statistics on the topic
Average size of office floor space in central London (UK) 2018, by submarket
Monthly rental cost for London West End (UK) offices 2018 to 2019
Office property prime yield the City of London (United Kingdom) Q4 2018, by district
London West End (UK) office space: development and refurbishment from 2017 to 2021
Statistics on "Office real estate in London (UK)"
Discover Statista
Need help with using Statista for your research?
Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Statistics
- Prime office vacancy rates in London, England Q3 2018
- Change of office rent in selected cities worldwide 2008-2013
- Change in office rental prices in European cities 2008-2013
- Prime rents in Germany as of H1 2015, by city
- Switzerland office property: largest investment deals 2017
- Prime office take-up in selected European cities Q1 2017
- Annual cost of prime office rents in Turkey 2018, by city
- Prime office rent index for in Washington 2006-2019
- Prime office rent index for in Hong Kong 2006-2019
- Office vacancy rate in Shanghai 2006-2019
- Prime office rent index for in Sydney 2006-2019
- Office vacancy rate in New York 2006-2019
- Prime office rent index for in Houston 2006-2019
- Prime office rent index for in Singapore 2006-2019
- Office vacancy rate in Tokyo 2006-2019
- Leasing of intellectual property revenue in the United Kingdom 2010-2022
- Leasing of intellectual property revenue in Bulgaria 2010-2022
- Industry revenue of »rental and leasing of other machinery, equipment« in Ireland 2011-202...
- Industry revenue of »rental and leasing of other machinery, equipment« in Switzerland 2011...
- Share of new equipment leasing volumes within Europe in 2017, by asset type
Statistics on "Office real estate in London (UK)"
Related topics
About Statista
