CBRE: London West End prime office rents up 11.9% over year to 1Q15.
According to CBRE’s EMEA Rents and Yields Marketview, prime office rents in the West End of London were GBP117.5 per square foot per annum in 1Q15, or 11.9% more relative to 1Q14. Rents have risen 46.9% from their lows in the wake of the 2008/09 global financial crisis. Prime office yields are 3.65%, down 185 basis points from their highest levels since the crisis.
Source : May 2015/CBRE/London/OFF