Mayfair & St James's is a trophy-tier London submarket with average asking rent around £165/sqft/yr · ≈ $210 PSF/yr USD.

  • Average asking rent: £165/sqft/yr · ≈ $210 PSF/yr USD.
  • Tier: trophy.
  • 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 trophy tier.

Mayfair & St James's, London office rents and availability

Mayfair & St James's is a trophy-tier London submarket with average asking rent around £165/sqft/yr · ≈ $210 PSF/yr USD.

TL;DR

  • Average asking rent: £165/sqft/yr · ≈ $210 PSF/yr USD.
  • Tier: trophy.
  • 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 trophy tier.

Where rent sits

Mayfair & St James's averages around £165/sqft/yr · ≈ $210 PSF/yr USD for Class A, against a citywide Class A index of 95. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

The deepest hedge fund and family office cluster in EMEA. Hedge funds, private equity, family offices, private banks, luxury brand HQs.

Key facts

cityLondon
submarketMayfair & St James's
tiertrophy
averageRentLocal£165/sqft/yr · ≈ $210 PSF/yr USD
cityClassARentUsd$121/sqft/yr
cityVacancyPct8.6%

Frequently asked questions

What is the average Class A rent in Mayfair & St James's, London?
Around £165/sqft/yr · ≈ $210 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.

Primary sources for this page

Full sources index · Submit a correction

Related topics