Publications

- June 1, 2015: Vol. 7, Number 6

To read this full article you need to be subscribed to Institutional Real Estate Asia Pacific

Leading from the front: You can’t go wrong with buying property in London. Can you?

by Jennifer Bollen

For more than 70 years, Aldwych Quarter found itself at the epicentre of global news — until 2012, one of its most significant buildings, Bush House, was home to the BBC World Service. Today, Aldwych Quarter is still an address of global importance — office space within the development is among the English capital’s high-profile properties for let, according to JLL, as its neighbourhood, London’s West End, has been found to be the world’s most expensive office rental market for a third consecutive year.

The annual Office Space Across the World city rankings published by Cushman & Wakefieldshows the West End held on to first place for a third consecutive year in 2014, followed by Hong Kong’s CBD in second place and New York City’s Midtown in third (see table, page 33).

Cushman & Wakefield said the average West End rent stood at US$1,930 p

Forgot your username or password?