Central London Office Rents Rise As Supply Tightens

“Increased competition for space is likely to result in double digit rental growth across various submarkets this year. We expect an uplift of 10% in the City and 11% in both the Docklands and Midtown,” says Sophy Moffat, Senior Analyst Central London Agency & Investment at DTZ.

“The tightening of supply is likely to continue with just three buildings offering over 200,000 sq ft at present – the Shard, Aldgate Tower and Moorgate Exchange – while there are also significant spaces currently under offer, including 145,000 sq ft in Becket House, SE1.

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