London's West End office market is "Booming"

The West End office market of London is "flourishing", according to property company Shaftesbury, with demand for occupancy at a "unprecedented" high.

Strong demand for West End commercial property and residential space is pushing up rents and driving high occupancy levels, according to the FTSE 250 property company - one of the biggest owners in the area.

"London continues to attract unprecedented levels of interest from across the world from businesses choosing to locate and invest here, from visitors seeking to experience its unrivaled variety of attractions and from those who live and work here," read a trade update from the company.

With a portfolio containing 394,000 sq ft of office space and 560 shops, bars, and restaurants in the West End, Shaftesbury is now reporting difficulty purchasing properties due to existing owners current unwillingness to sell.

The company has instead started a large-scale redevelopment program on its commercial property and office space in Carnaby Street. This will provide a host of new spaces, as well as a new restaurant and 12 apartments.