Publications

- May 1, 2015: Vol. 9, Number 5

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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 British 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 & Wakefield shows that the West End held on to first place for a third consecutive year last year, followed by Hong Kong’s CBD in second place and New York City’s Midtown in third.

Cushman & Wakefield said that the average West End rent stood at €1,595 per square metre last year, compared with €1,423 per square metre in 2013. Add in other occupancy costs, and t

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