London office rents are set to move toward record highs as limited space in prime areas drives competition among companies. Multiple reports describe a “supply squeeze,” where available office stock is constrained while demand persists, pushing landlords to raise asking rents.
The outlet also frames the increase as affecting London “hot spots,” suggesting the pressure is concentrated in the most sought-after business locations. While the reporting emphasizes expected record levels, it does not provide detailed breakdowns by building, borough, or specific rent figures in the supplied text. The overall storyline across sources is consistent: fewer available offices, combined with continued demand, results in upward pressure on rents.
