London is one of the most exciting, innovative and profitable cities in the world
With The Gherkin, The Cheesegrater, The Walkie Talkie and The Shard developments forming part of its impressive skyline, London boasts some of the most renowned commercial office buildings in the world.
Studio Alliance members have undertaken projects in the UK for:
London Fast Facts
Average Letting Cost - West End
€1,400
per square metre
Total Lettings 2019
1,150,000
Square metres
Vacancy Rates
4.8%
Cognizant, London
There is no doubt the ongoing pandemic and Brexit uncertainty is impacting the UK capital. However, London continues to be the world’s leading financial centre – being home to more than 250 banks - as well being as a global venture capital and private equity hub. The city is also one of the world’s leading digital centres and the largest tech ecosystem in Europe. Furthermore, media-tech and serviced office providers also continue to be prominent sectors within London’s business landscape.
The Covid-19 pandemic has resulted in unique challenges for office occupancy across the whole of Europe. Yet a recent report by JLL suggests London could be at an advantage to the rest of the UK; due to a high proportion of its workforce being considerably younger (47% aged 35 and under) and therefore less likely to suffer serious Coronavirus symptoms and more likely to feel confident
Significant Lettings
European Bank for
Reconstruction & Development
34,000 sq m
Docklands
Significant Investment
Citigroup
€1.2bn