These are the most popular areas in which to rent office space:
The financial hub of London, also known as the Square Mile, is home to many large global companies including around 500 banks which have office space in the City of London.
Various large global corporations have their headquarters in Westminster, with many hedge funds and private equity funds established in areas like Mayfair. Meanwhile, the West End attracts top performing arts businesses, media companies gravitate towards Soho and hundreds of retailers (local, national and global) have set up shop in the Oxford Street area. Westminster is also the major Government department district.
In recent years the Docklands area of East London has grown to become a thriving center for international finance and is now home to some of the UK’s tallest and most spacious office buildings. Barclays, HSBC, Citigroup and KPMG are just a few of the businesses head-quartered in Canary Wharf.
Camden & Islington
In recent years, inner city areas have become desirable business districts. They’re home to numerous businesses in the sectors of accountancy, business development, financial services, publishing, printing and digital services. islington has a famous arts theatre, and many smart restaurants, cafés, bars, and delicatessens.
Shoreditch & Old Street
Also referred to as Silicon Roundabout, this previously neglected area of London just north of the City (which used to specialize in printing), is now home to several hundred IT firms and start-ups. Due to the fast changing nature of the area, the variety of office space ranges from historical buildings to purpose-built small business environments.
For more information on the current state of the UK serviced office market check out our UK Flexible Workspace Review 2016.