The London office property market has cemented its position in top place among a host of prestigious global property markets for the third year running.Throughout 2014, several indicators suggested that the average cost of office floor space in the capital was rapidly rising. Take up rates rose consistently during 2014, and so did the level of transactions and the amount of office space under offer. This year, London has consolidated its position as the most expensive office market at international level, ahead of key global players like New York or Hong Kong.<\/p>\n
Read more<\/a><\/p>\n Farringdon is strategically located just outside of the financial and economic hub of the City of London. Along with Clekenwell and Shoreditch, the area makes up the City Fringe North. It is one of two City fringe areas, with the other located to the east and comprising of Aldgate, Spitalfields, and Tower Hill. The area often attracts media and creative industries looking for more affordable office space than traditional locations like Covent Garden, North Oxford Street, and Soho.<\/p>\n Read more<\/a><\/p>\n The London commercial property market is expected to show positive results in 2015. During the last year, office property market sector has shown of a number of trends including accelerated rental growth, declining vacancy rates, and stable investment yields are some of the key trends that have characterized the office market across most London areas over 2014.<\/p>\n Read more<\/a><\/p>\n In close proximity to London’s major financial district Bishopsgate, Whitechapel is quickly rising as a prominent spot for growing businesses. Over the years, Whitechapel has altered its traditional trading style to a trendy urban technological hub ideal for up and coming small businesses. Recent years have seen media and internet companies localizing in Whitechapel \u2013 thanks to its immediate location to Shoreditch, which is a media hub of London.<\/p>\n Read more<\/a><\/p>\n Diminishing availability, combined with the fact that London continues to cement its place as a worldwide financial and business hub, means new regions of the city are quickly gaining popularity with the commercial sector. King’s Cross has only recently emerged as a submarket of London and has been massively remodelled, making it increasingly attractive for businesses looking to locate in the capital.<\/p>\n Read more<\/a><\/p>\n Last year was undoubtedly a positive year for landlords and tenants in the London commercial property market. Towards the end of the year, real estate experts released their forecasts for 2015. The predictions are full of positive and encouraging figures and point at a healthy market where growth is set to dominate. Take a look at some of the most important trends regarding the key growth areas for the commercial property market in London during 2015.<\/p>\n Read more<\/a><\/p>\n Principal occupier industries for office space for 2015<\/p>\n Being one of the world’s economic powerhouses, the British capital attracts a wide range of talented individuals, wealthy investors, and real estate agents from all over the world.<\/p>\nLondon Office Space 2015: Farringdon<\/h3>\n
Key Office Space Trends and Statistics for London 2015<\/h3>\n
London Office Space Growth Areas 2015: Whitechapel<\/h3>\n
London Office Space Growth Areas 2015: King’s Cross<\/h3>\n
London Office Space 2015: Expected Growth Areas<\/h3>\n
Who’s Taking London Office Space in 2015?<\/h3>\n