london westend office market feb.2014
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London’s Review & Outlook
JERMYN ST
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01
03
04
05
02
01
-8.0%
-6.0%
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13
02
03
04
City US$bn Ranking
London 38.5 1
New York 31.4 2
Tokyo 18.4 3
05
City US$bn Ranking
Paris 15.0 4
Los Angeles 13.4 5
Chicago 12.9 6
City US$bn Ranking
Singpore 11.6 7
Shanghai 10.1 8
Washington DC 8.7 9
Seoul 7.5 10
Source: Jones Lang LaSalle
THE JLL EUROPEAN OFFICE RENTAL CLOCK
RentsFalling
RentsBottoming Out
Rental GrowthAccelerating
Rental GrowthSlowing
Amsterdam, Paris CBD, Warsaw
Helsinki, LyonOslo, Stockholm, Stuttgart
Berlin, Cologne, Dusseldorf
Copenhagen, Hamburg, Moscow
Munich
Istanbul, LuxembourgSt. Petersburg
Manchester
Athens, LisbonBudapest, Madrid, RomeBarcelona, DublinBucharest, Brussels, EdinburghFrankfurt, Kiev, Prague
Geneva
Milan, Zurich
February 2014 LONDON’S WEST END: REVIEW AND OUTLOOK 28
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