New Town / George Street is a trophy-tier Edinburgh submarket with average asking rent around £48/sqft/yr · ≈ $61 PSF/yr USD.

  • Average asking rent: £48/sqft/yr · ≈ $61 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: £42/sqft/yr · ≈ $53.3 PSF/yr USD ($53 USD).
  • Citywide vacancy: 8.4% — submarket-level availability is typically tighter at trophy tier.

New Town / George Street, Edinburgh office rents and availability

New Town / George Street is a trophy-tier Edinburgh submarket with average asking rent around £48/sqft/yr · ≈ $61 PSF/yr USD.

TL;DR

  • Average asking rent: £48/sqft/yr · ≈ $61 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: £42/sqft/yr · ≈ $53.3 PSF/yr USD ($53 USD).
  • Citywide vacancy: 8.4% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

New Town / George Street averages around £48/sqft/yr · ≈ $61 PSF/yr USD for Class A, against a citywide Class A index of 42. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

The asset management trophy spine. Asset management (Baillie Gifford, abrdn), banking, law firms, professional services.

Key facts

cityEdinburgh
submarketNew Town / George Street
tiertrophy
averageRentLocal£48/sqft/yr · ≈ $61 PSF/yr USD
cityClassARentUsd$53/sqft/yr
cityVacancyPct8.4%

Frequently asked questions

What is the average Class A rent in New Town / George Street, Edinburgh?
Around £48/sqft/yr · ≈ $61 PSF/yr USD. The citywide Class A index sits at £42/sqft/yr · ≈ $53.3 PSF/yr USD.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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