City of London is best-fit for investment banks, insurance, asset managers, law firms, professional services.
City of London is best-fit for investment banks, insurance, asset managers, law firms, professional services.
Investment banks, insurance, asset managers, law firms, professional services.
Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.
| city | London |
|---|---|
| submarket | City of London |
| tier | trophy |
| averageRentLocal | £95/sqft/yr · ≈ $121 PSF/yr USD |
| cityClassARentUsd | $121/sqft/yr |
| cityVacancyPct | 8.6% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.