Canary Wharf is a prime-tier London submarket with average asking rent around £65/sqft/yr · ≈ $82.6 PSF/yr USD.

  • Average asking rent: £65/sqft/yr · ≈ $82.6 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: £95/sqft/yr · ≈ $121 PSF/yr USD ($121 USD).
  • Citywide vacancy: 8.6% — submarket-level availability is typically tighter at prime tier.

Canary Wharf, London office rents and availability

Canary Wharf is a prime-tier London submarket with average asking rent around £65/sqft/yr · ≈ $82.6 PSF/yr USD.

TL;DR

  • Average asking rent: £65/sqft/yr · ≈ $82.6 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: £95/sqft/yr · ≈ $121 PSF/yr USD ($121 USD).
  • Citywide vacancy: 8.6% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Canary Wharf averages around £65/sqft/yr · ≈ $82.6 PSF/yr USD for Class A, against a citywide Class A index of 95. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

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Key facts

cityLondon
submarketCanary Wharf
tierprime
averageRentLocal£65/sqft/yr · ≈ $82.6 PSF/yr USD
cityClassARentUsd$121/sqft/yr
cityVacancyPct8.6%

Frequently asked questions

What is the average Class A rent in Canary Wharf, London?
Around £65/sqft/yr · ≈ $82.6 PSF/yr USD. The citywide Class A index sits at £95/sqft/yr · ≈ $121 PSF/yr USD.

Related

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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