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Office rental costs per square foot in London, England Q2 2019
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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
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.
Cost of office rent in London in the 2nd quarter 2019, by area (in GBP per square foot)
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by James Cherowbrier,
last edited
Aug 23, 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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- Release date
- 2019
- Region
- United Kingdom (England)
- Survey time period
- 2nd quarter 2019
Source
- Show sources information
- Show publisher information
- Release date
- 2019
More information
- Region
- United Kingdom (England)
- Survey time period
- 2nd quarter 2019
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Monthly rental cost for London West End (UK) offices 2018 to 2019
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Office property prime yield the City of London (United Kingdom) Q4 2018, by district
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London West End (UK) office space: development and refurbishment from 2017 to 2021
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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
The most important statistics
- Investment volume in the commercial property market in central London from 2013 to 2018 (in million euros)Total investment in commercial property market in central London 2013-2018
- Value of office investment in Central London (UK) from 2nd quarter 2017 to 2nd quarter 2019, by district (in billion GBP)Office investment value in London (UK) Q2 2017-Q2 2019, by district
- Total value of office investment in Central London (United Kingdom) from 2nd quarter 2017 to 2nd quarter 2019 (in billion GBP)Office investment volume in Central London (UK) Q2 2017-Q2 2019
- Total value of office investment in the United Kingdom (UK)* in 2017, by city (in million GBP)Office investment value in the UK (excluding London) 2017, by city
- Total value of office investment in the United Kingdom (UK)* in 2017, by capital source (in billion GBP)Office investment value in the UK (excluding London) 2017, by source
- Largest office property investment deals in London in the 1st quarter 2019 (in million GBP)London (UK) office property: largest investment deals Q1 2019
- Largest office property leasing deals in London (UK) as of the 1st quarter 2018 (in square feet)London (UK) office property: largest leasing deals Q1 2018
- Average size of a office space floor in central London (UK) in 2018, by submarket (in 1,000 square feet)Average size of office floor space in central London (UK) 2018, by submarket
- Construction and developments
The most important statistics
- Number of new construction starts in the central London office market in the 1st quarter 2019, by key office submarketLondon office market (UK): Number of new construction starts Q1 2019, by submarket
- Total amount of office space under construction in central London in the 1st quarter 2019, by submarket (in million square feet)Amount of office space under construction in London (UK) Q1 2019, by submarket
- Share of London office space under construction that are new builds vs refurbishments in the 1st quarter 2019, by areaShare of London office space under construction: new build vs refurbishment Q1 2019
- Share of London office space under construction that is let versus available in the 1st quarter 2019, by areaShare of London office space under construction: let vs available Q1 2019
- Office space under development and refurbishment on the London West End (UK) real estate market from 2017 to 2021London West End (UK) office space: development and refurbishment from 2017 to 2021
- Share of office pre-lettings on the London West End (UK) property under development market between 2019 and 2022Pre-lets of office space under development on London (UK) market 2019-2022
- Take-up
The most important statistics
- Take-up of office premises in Europe in the 1st half 2017 and 1st half 2018, by city (in 1,000 square meters)*Take-up of office premises in Europe H1 2017-H1 2018
- Take-up of office real estate in the London City area (United Kingdom) in 2017 and 2018, by property type (in 1,000 square feet)Office property take-up in the City of London (United Kingdom) 2017-2018, by type
- Take-up of grade-A office real estate in London (United Kingdom) as of the 4th quarter 2018, by sector (in 1,000 square feet)Grade-A office property take-up in London (United Kingdom) Q4 2018, by sector
- Take-up of office real estate on the the commercial property market in Central London from 2013 to 2018 (in square meters) Take up of office real estate in Central London 2013-2018
- Take-up of office real estate in London's South Bank (United Kingdom) in the 1st quarter 2018 and 2nd quarter 2018, by property type (in 1,000 square feet)Office property take-up South Bank area London (United Kingdom) Q1 2018-Q2 2018
- London West End (UK) office space monthly take-up from January 2018 to June 2019 (in square feet)Monthly take-up of London West End (UK) office properties 2018-2019
- London West End (UK) office real estate take-up as of December 2017, by business sectorLondon West End (UK) office property: take-up in 2017, by business sector
- Take-up of office real estate in London's West End (United Kingdom) in 2017 and 2018, by property type (in 1,000 square feet)Office property take-up in the West End of London (United Kingdom) 2017-2018
- Availability and vacancies
The most important statistics
- Prime office vacancy rates in selected European cities in the 4th quarter 2018Prime office vacancy rates in selected European cities Q4 2018
- Prime office vacancy rates in selected European cities in the 4th quarter 2018Prime office vacancy rates in selected European cities Q4 2018
- Vacancy rates of offices in London, England as of 1st quarter 2018, by areaVacancy rates of offices in London Q1 2018
- Vacancy rates of offices in London, England as of 1st quarter 2018, by areaVacancy rates of offices in London Q1 2018
- Ten year average vacancy rates of offices in London, England as of 1st quarter 2018, by areaTen year average vacancy rates of offices in London Q1 2018
- Ten year average vacancy rates of offices in London, England as of 1st quarter 2018, by areaTen year average vacancy rates of offices in London Q1 2018
- Vacancy rate of office real estate in the London City area (United Kingdom) as of the 4th quarter 2018, by districtOffice property vacancy rate City of London (United Kingdom) Q4 2018, by district
- Vacancy rate of office real estate in the London City area (United Kingdom) as of the 4th quarter 2018, by districtOffice property vacancy rate City of London (United Kingdom) Q4 2018, by district
- Rents and prime rents
The most important statistics
- Annual value of office prime rents in Europe in the 2nd quarter 2019, by city (in euros per square meter)Annual value of office prime rents in Europe Q2 2019, by city
- Prime rent for office real estate in central London year-on-year from 4th quarter 2013 to 4th quarter 2018 (in euros per square meter per year)Prime rent of office real estate in central London year-on-year Q4 2013 - Q4 2018
- Cost of office rent in London in the 2nd quarter 2019, by area (in GBP per square foot)Office rental costs per square foot in London, England Q2 2019
- Prime rents of office real estate in London (United Kingdom) as of the 4th quarter 2018, by district (in GBP per square foot)Office property prime rents in London (United Kingdom) Q4 2018, by district
- Prime rents of office real estate in the London City area (United Kingdom) as of the 4th quarter 2018, by district (in GBP per square foot)Office property prime rents the City of London (United Kingdom) Q4 2018, by district
- Rental prices of prime office properties in London West End from 1st quarter 2015 to 1st quarter 2019 (in euros per square meter per year)Prime office rental prices in London West End 2015-2019
- Monthly development of leading location rental costs for London West End (UK) offices from March 2018 to February 2019 (in GBP per square foot)*Monthly rental cost for London West End (UK) offices 2018 to 2019
- Prime yields
The most important statistics
- Prime office yields in select European countries in 2018Prime office yields in select European countries 2018
- Net office prime yields in Europe in the 2nd quarter 2018, by cityNet office prime yields in European cities Q2 2018
- Prime office yields in the United Kingdom (UK) excluding London in 2017 and 2018*, by cityPrime office yield in UK cities (excluding London) 2017-2018
- Net office prime yield year-on-year in central London from 2013 to 2018Net office prime yield in central London 2013-2018
- Prime yield of office real estate in the London City area (United Kingdom) as of the 4th quarter 2018, by districtOffice property prime yield the City of London (United Kingdom) Q4 2018, by district
- Prime yield of office real estate in London's West End (United Kingdom) as of the 4th quarter 2018, by districtOffice property prime yield London's West End (United Kingdom) Q4 2018, by district
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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
- Office vacancy rate in San Francisco 2006-2019
- Share of vacant office space in selected cities globally 2014
- Prime office rent index for in Shanghai 2006-2019
- Office vacancy rate in Mumbai 2006-2019
- Space office assigned per person in selected regions worldwide 2017
- Prime office rent index for in Mumbai 2006-2019
- Office vacancy rate in Washington 2006-2019
- Office vacancy rate in Hong Kong 2006-2019
- Prime office rent index for in Tokyo 2006-2019
- Italy: number of transactions in office real estate in largest cities 2018
- Leasing of intellectual property revenue in Romania 2010-2022
- Industry revenue of »rental and leasing of other machinery, equipment« in Ireland 2011-202...
- Industry revenue of »rental and leasing activities« in Czechia 2011-2023
- Italy: turnover of the rental and leasing activities 2010-2016
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- IWG Annual Report and Accounts 2018
- Residential property market in Italy
- Residential real estate in the Netherlands
- The housing market in Finland
- IWG Annual Report and Accounts 2017
- Air Lease Corporation - 2018 Annual Report on Form 10-K
- AerCap 2018 Annual Report
- Residential real estate in Belgium
- Rapporto immobiliare non residenziale 2019
Statistics on "Office real estate in London (UK)"
- Total investment in commercial property market in central London 2013-2018
- Office investment value in London (UK) Q2 2017-Q2 2019, by district
- Office investment volume in Central London (UK) Q2 2017-Q2 2019
- Office investment value in the UK (excluding London) 2017, by city
- Office investment value in the UK (excluding London) 2017, by source
- London (UK) office property: largest investment deals Q1 2019
- London (UK) office property: largest leasing deals Q1 2018
- Average size of office floor space in central London (UK) 2018, by submarket
- London office market (UK): Number of new construction starts Q1 2019, by submarket
- Amount of office space under construction in London (UK) Q1 2019, by submarket
- Share of London office space under construction: new build vs refurbishment Q1 2019
- Share of London office space under construction: let vs available Q1 2019
- London West End (UK) office space: development and refurbishment from 2017 to 2021
- Pre-lets of office space under development on London (UK) market 2019-2022
- Take-up of office premises in Europe H1 2017-H1 2018
- Office property take-up in the City of London (United Kingdom) 2017-2018, by type
- Grade-A office property take-up in London (United Kingdom) Q4 2018, by sector
- Take up of office real estate in Central London 2013-2018
- Office property take-up South Bank area London (United Kingdom) Q1 2018-Q2 2018
- Monthly take-up of London West End (UK) office properties 2018-2019
- London West End (UK) office property: take-up in 2017, by business sector
- Office property take-up in the West End of London (United Kingdom) 2017-2018
- Prime office vacancy rates in selected European cities Q4 2018
- Vacancy rates of offices in London Q1 2018
- Ten year average vacancy rates of offices in London Q1 2018
- Office property vacancy rate City of London (United Kingdom) Q4 2018, by district
- Vacancy rate of office real estate in Central London 2013-2018
- Office property vacancy rate London's West End (UK) Q4 2018, by district
- Office property availability the West End of London (UK) Q4 2017-Q4 2018
- Office property availability the City of London (UK) Q4 2017-Q4 2018, by type
- Office property availability Canary Wharf London (UK) Q4 2017-2018, by type
- Office property availability South Bank area London (UK) Q1 2018-Q2 2018, by type
- Annual value of office prime rents in Europe Q2 2019, by city
- Prime rent of office real estate in central London year-on-year Q4 2013 - Q4 2018
- Office rental costs per square foot in London, England Q2 2019
- Office property prime rents in London (United Kingdom) Q4 2018, by district
- Office property prime rents the City of London (United Kingdom) Q4 2018, by district
- Prime office rental prices in London West End 2015-2019
- Monthly rental cost for London West End (UK) offices 2018 to 2019
- Prime office yields in select European countries 2018
- Net office prime yields in European cities Q2 2018
- Prime office yield in UK cities (excluding London) 2017-2018
- Net office prime yield in central London 2013-2018
- Office property prime yield the City of London (United Kingdom) Q4 2018, by district
- Office property prime yield London's West End (United Kingdom) Q4 2018, by district
- 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
- Office vacancy rate in San Francisco 2006-2019
- Share of vacant office space in selected cities globally 2014
- Prime office rent index for in Shanghai 2006-2019
- Office vacancy rate in Mumbai 2006-2019
- Space office assigned per person in selected regions worldwide 2017
- Prime office rent index for in Mumbai 2006-2019
- Office vacancy rate in Washington 2006-2019
- Office vacancy rate in Hong Kong 2006-2019
- Prime office rent index for in Tokyo 2006-2019
- Italy: number of transactions in office real estate in largest cities 2018
- Leasing of intellectual property revenue in Romania 2010-2022
- Industry revenue of »rental and leasing of other machinery, equipment« in Ireland 2011-2023
- Industry revenue of »rental and leasing activities« in Czechia 2011-2023
- Italy: turnover of the rental and leasing activities 2010-2016
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