Businesses still want a prime address in London, with office space around Great Portland Street in demand the most, according to a leading commercial estate agent.
DeVono Property today said it has seen overwhelming demand for space in the Fitzrovia and Noho areas around Great Portland Street so far this year, with 30% of all firms contacting it requesting space there.
Co-director Adam Landau said businesses were attracted by the mixture of shops, restaurants and open spaces in the area, adding: “Rental prices are still reasonable compared to bordering Soho, Marylebone and Mayfair.”
Firms with offices in the area include The Engine Group, Gazprom, Aegus, JPMorgan and Santander. DeVono said it has seen demand from all sectors and across all business sizes.
Landau said Southwark Street and the SE1 postcode was the second most popular area in London, with demand increasing at a “staggering” rate. He said: “The Shard is bringing even more popularity and buzz to the area.”
