Office Space Inner London East

East London Office Space

Connectivity and potential for further development are the main considerations for businesses looking to move or get started in East London. The easternmost districts of this sub-region offer excellent transportation links via the M11 (which is only a 10-15 minute drive to central London), and the whole area is well served by public transport.

Commercial Property: Office Accommodation East London is a prime location for businesses that require industrial units and warehousing space, especially in Walthamstow and within the E17 postcode. Walthamstow has been earmarked for further development due to its potential for growth. Local authorities have called on investors willing to take part on turning this area into one of London's top cultural destinations, which points at the potential opportunities for businesses ready to invest in the arts, culture, and entertainment.

Commercial Property: New Developments As part of the Thames Gateway regeneration project, areas like Canning Town are being extensively redeveloped. The project is to be completed by 2024, and will result in the addition of a variety of property types including quality retail space, as well as new housing and entertainment facilities in the E16 area, which is set to become a top choice for investors and business owners in search of affordable floor space within easy reach of the city's key landmarks and transportation hubs. Similarly, the area will be further developed through the implementation of the City in the East plan, which will create more than 280,000 jobs in areas like Olympic Park, London Riverside, Upper Lea Valley, and Royal Docks.

East London Business Environment

Major blue-chip institutions (both British and foreign) are represented here, including HSBC, Barclays, Bank of America, Citigroup, Aviva, Prudential, and Morgan Stanley, to name just a few. Other parts of East London headquarters Google, BT, and Cisco. Finance, banking, and insurance are by far the most important business sectors in Canary Wharf and the Docklands, although in this area the TMT sector is also very active.

In and around the Silicon Roundabout - Tech City, a solid cluster of creative, media, and communication businesses has been established, and in fact, the number of tech businesses in this area is up to 8 times higher than in other parts of London. There is a smaller creative cluster east of Canary Wharf and near the Isle of Dogs, as well as in Walthamstow, which has been gaining popularity after a significant number of creative businesses began relocating from Dalston and other parts of East London.

The tourism and hospitality sectors now employ 20 per cent of the local workforce. Last but not least, manufacturing businesses provide just over 6 per cent of all jobs in East London, although they are mostly concentrated in the eastern fringes of this sub-region (i.e. Walthamstow, Waltham Forest, Blackhorse Road, and Chingford).

About East London

East London is a large geographical area that covers several boroughs in Inner and Outer London, including Hackney, Barking and Dagenham, Havering, Tower Hamlets, Newham, and Waltham Forest. Approximately 600,000 people work in this part of London, where the main business districts are Stratford, Canary Wharf, and Walthamstow. East London is conveniently located between 2 major airports: London City in the southern fringe and Stansted to the northeast.

For over 10 years, the area has been subject to major infrastructure improvement and regeneration projects, which concluded with the celebration of the 2012 Olympics. Further development projects are planned along London Riverside and in the Lower Lea Valley.

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