City of London's tenant base is anchored by investment banks, insurance, asset managers, law firms, professional services.

• Tier: trophy.
• Tenant character: The historic Square Mile — banking, insurance, law.
• Average rent: £95/sqft/yr · ≈ $121 PSF/yr USD.

TL;DR

• Tier: trophy.
• Tenant character: The historic Square Mile — banking, insurance, law.
• Average rent: £95/sqft/yr · ≈ $121 PSF/yr USD.

Who clusters here

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

What that means for newcomers

Newcomers to City of London should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

Frequently asked questions

What kind of tenants lease in City of London?

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

Related

• City of London — submarket overview
• London — full city profile
• London submarkets — all
• City of London — Rents
• City of London — Transit
• City of London — Amenity
• City of London — Buildings

Editorial provenance

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

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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