The demand for space is currently growing faster than expected on London‘s office real estate market, and rents are going up, despite a weak economy, financial sector company relocations and the trend toward remote working all putting a strain on the market, according to Real I.S. Research.
The strong increase in yields leads to attractive opportunities in the investment market.
“London offers comparatively resilient rental markets for office real estate in the top segment and also high initial yields, in historical terms, in the investment market. This great global city on the Thames is therefore definitely back on the list of target markets for investors,“ said Marco Kramer, head of research and investment strategy at Real I.S. AG.
Demand for superior office space that meets modern standards has grown noticeably. Buildings are being adapted to tenants’ changing requirements at a rapid pace. Some tenants are also relocating. Renowned firms are moving b
