West London Office Market
1 minute to read
The west London markets have continued to benefit from the ever-expanding London markets. Occupiers searching for space that can offer large open plan floorplates at a more affordable occupational cost has created more activity in sub-market movement.
White City stands out from the pack as a thriving commercial district with a particular focus from the retail and life sciences sectors. Recent pre-lets from L’Oréal and PVH Group further backs up the popularity of the area and has also amplified the rental tone.
Hammersmith has felt the effects of the up-and-coming star of White City over the last three years but still holds its own. A strong transport hub and an improving amenity offering will cement Hammersmith performance as a recognised commercial location going forward.
Chiswick Park continues to offer a highly sought-after urban business park environment, with the ‘Enjoy-Work’ service going from strength to strength. Ealing has historically lagged behind the prime west London markets. However, the refurbishment of 54 The Broadway and the letting of the whole building at £52.50 per sq ft proves Ealing has the potential to compete with the other west London markets – and soon it will have Crossrail.
Photo Credit: Chiswick Park
Market Data