In its latest (3Q15) Market Report on the European office sector, Savills noted that prime rents and secondary rents in the City of London were, respectively, EUR1,202 and EUR1,000 per square metre per year. Year-on-year growth in prime rentals has risen from 10% to 25% since 1Q15. Looking forward, Savills anticipates that take-up of office space will fall. Supply of new space is also expected to decrease. Prime rents are expected to rise. In its report, Savills highlighted how rents have also been increasing in London’s West End.

Source : Savills/December 2015/London/OFF