Manya Rathore
Research expert covering India
The office real estate market in London - statistics & facts
London’s status as a global financial hub and a major contributor to the United Kingdom’s economy comes with a bustling office real estate sector. Unsurprisingly, banking and finance companies represent about one-third of newly occupied space. Key locations include the West End, the City of London, and Canary Wharf. The West End is known for being London’s commercial and entertainment center, as well as the city’s most expensive area to rent an office. The City of London is home to the London Stock Exchange and the headquarters of big banks, such as Bank of England, Barclays, HSBC, Lloyds, and many others. With its iconic skyline of high-rise office buildings, Canary Wharf is another noteworthy location attracting investors and occupiers.
