London office rent rise

A report by agents EA Shaw shows that available office space in the City of London

decreased in the second quarter of 2012. The effect of the squeeze was to see .an

increase in office rents over the same period.

The results of the survey chime in with the experience of leading office broker

Search Office Space where a spokesperson commented that; “we have noticed

demand is continuing for quality serviced office space in the City of London. Part of

the reason for this is that more and more businesses are coming to realise the

advantages that temporary office space arrangements have to offer.”

These advantages include obtaining access to prestigious premises with long leases

and the latest facilities without getting locked into a long term, financial commitment.