City of London is best-fit for investment banks, insurance, asset managers, law firms, professional services.

  • Tier: trophy.
  • Tenant fit: Investment banks, insurance, asset managers, law firms, professional services.
  • Average rent £95/sqft/yr · ≈ $121 PSF/yr USD.

City of London, London: best fit for…

City of London is best-fit for investment banks, insurance, asset managers, law firms, professional services.

TL;DR

  • Tier: trophy.
  • Tenant fit: Investment banks, insurance, asset managers, law firms, professional services.
  • Average rent £95/sqft/yr · ≈ $121 PSF/yr USD.

Best fit

Investment banks, insurance, asset managers, law firms, professional services.

Less good fit

Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.

Key facts

cityLondon
submarketCity of London
tiertrophy
averageRentLocal£95/sqft/yr · ≈ $121 PSF/yr USD
cityClassARentUsd$121/sqft/yr
cityVacancyPct8.6%

Frequently asked questions

Is City of London the right fit for my office?
Investment banks, insurance, asset managers, law firms, professional services. If your profile aligns, yes. If your priority is cost over address, consider value-tier submarkets first.

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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