Commercial rents in London’s prime skyscrapers are rising faster than those in any other global city, according to the latest index specifically for office tower blocks.
According to a new Knight Frank forecast, the volume of specialist property investment will exceed £10 billion in 2015 and will account for 20 percent of the total UK commercial market by 2020.
According to data from Knight Frank, the London office market produced its best performance since 2000 last year with take-up of office space in central London rising by 16% to 15.9 m sq ft. This is well ahead of the ten year average figure of 13.0 million square feet.
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