A growing market leads to Knightsbridge office rents falling
A new report has shown a rise in flexible office spaces becoming available as more businesses seek to benefit from the resilience and savings that a flexible workspace can bring.
A boom in demand has led to a 42% year-on-year increase in flexible office spaces opening in central London in 2018.
It also found that ever-growing competition has caused prices to fall dramatically. With an average rate of £895 over the last five years, Knightsbridge remains one of the priciest parts of central London for office spaces.
Nevertheless, it saw prices drop by 38% between 2014 and 2018.
Need a shortlist?
Get tailored office options in 48 hours
Tell us your locations, budget, and timing. We’ll curate options with transparent pricing and book your viewings—without the back-and-forth.
What you’ll get
- • 3-6 vetted options that match your brief
- • Transparent pricing and availability
- • Viewing slots booked for you
- • Negotiation support on flexible terms
