City of London (trophy, ~£95/sqft/yr · ≈ $121 PSF/yr USD) is one of 7 London Class A submarkets we track.

• City of London sits at trophy tier.
• Average rent £95/sqft/yr · ≈ $121 PSF/yr USD vs city average 95.
• Compared submarkets: Mayfair & St James's (trophy), King's Cross (prime), Shoreditch & Tech Belt (prime).

TL;DR

• City of London sits at trophy tier.
• Average rent £95/sqft/yr · ≈ $121 PSF/yr USD vs city average 95.
• Compared submarkets: Mayfair & St James's (trophy), King's Cross (prime), Shoreditch & Tech Belt (prime).

Side-by-side with peers

**Mayfair & St James's** (trophy, £165/sqft/yr · ≈ $210 PSF/yr USD) — The deepest hedge fund and family office cluster in EMEA. **King's Cross** (prime, £92/sqft/yr · ≈ $117 PSF/yr USD) — Tech-led estate around the Eurostar terminus. **Shoreditch & Tech Belt** (prime, £80/sqft/yr · ≈ $102 PSF/yr USD) — Old Street to Whitechapel — creative-class spine. **Canary Wharf** (prime, £65/sqft/yr · ≈ $82.6 PSF/yr USD) — Estate-managed banking campus on the Isle of Dogs. **Fitzrovia & Soho** (prime, £110/sqft/yr · ≈ $140 PSF/yr USD) — Media and tech HQs in the heart of the West End.

Key facts

Frequently asked questions

What other submarkets compete with City of London in London?

Mayfair & St James's, King's Cross, Shoreditch & Tech Belt

Related

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

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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• Cross-border Expansion — How to run a coordinated Class A office search across multiple geographies.
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