The rental market in London’s West End looks set to recover thanks to two large office space deals that have been agreed in the City.

Clive Cowdery of Resolution, an investment company in the City has taken space in the offices at 23 Savile Row and General Atlantic Partners, a US private equity firm, have also taken space in the building.

The Daily Mail is reporting that these deals (£91 per square foot and £85 per square foot respectively) are the largest for two years, when the credit crunch begun.

These deals are evidence that demand for office space in the West End is increasing, according to senior director, Simon Tann of CB Ellis who advised on the deals.

Reports of the recovery comes as King Sturge, last week, reported that London rents will soar by 2012 as abandoned building projects leave a shortfall of vacant office space.