Publications

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

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

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

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy