--- title: "Mayfair & St James's, London — Class A submarket" description: "The deepest hedge fund and family office cluster in EMEA." canonical: https://classa.info/cities/london/mayfair-st-james pageType: neighborhood lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Mayfair & St James's is a trophy-tier Class A submarket of London with average asking rent around £165/sqft/yr · ≈ $210 PSF/yr USD. ## TL;DR - Highest per-foot office rents in EMEA. - Period stock with Grade-listed constraints — limited new supply. - Boutique tenant scale — 5-15,000 sqft is the norm. # Mayfair & St James's, London — Class A submarket *The deepest hedge fund and family office cluster in EMEA.* · Tier: trophy · Avg rent: £165/sqft/yr · ≈ $210 PSF/yr USD ## TL;DR - Highest per-foot office rents in EMEA. - Period stock with Grade-listed constraints — limited new supply. - Boutique tenant scale — 5-15,000 sqft is the norm. ## Overview Mayfair and St James's host the highest concentration of hedge funds, private equity, family offices, and private banks in EMEA. Stock is small, characterful, and almost never new-build. Period buildings command record per-foot rents. ## Tenant profile Hedge funds, private equity, family offices, private banks, luxury brand HQs. ## Typical specification Small floor plates (3-8,000 sqft), period features, restored period detailing combined with [Cat A](/glossary/cat-a) spec. ## Transit Bond Street (Elizabeth Line, Jubilee, Central), Green Park (Jubilee, Piccadilly, Victoria). Bond Street's Elizabeth Line addition transformed inbound commute economics. ## Amenities Bond Street, Berkeley Square, St James's clubland, the Royal Parks. ## Comparable buildings - **20 Berkeley** [](https://www.google.com/maps/search/?api=1&query=20%20Berkeley%2C%2020%20Berkeley%20Street%2C%20Mayfair%2C%20W1J%208EE%2C%20Mayfair%20%26%20St%20James's%2C%20London%2C%20United%20Kingdom&query_place_id=ChIJixOprFkFdkgRfSpKJGmWets) - **60 Curzon Street** [](https://www.google.com/maps/search/?api=1&query=60%20Curzon%20Street%2C%2060%20Curzon%20Street%2C%20Mayfair%2C%20W1J%208PE%2C%20Mayfair%20%26%20St%20James's%2C%20London%2C%20United%20Kingdom&query_place_id=ChIJD24NTgAFdkgR628kIrykDJk) ## Where Mayfair & St James's sits in London Mayfair & St James's is one of 7 [Class A](/glossary/class-a) submarkets we cover in London, classified as [trophy tier](/topics/trophy-asset-selection) with an average asking rent around £165/sqft/yr · ≈ $210 PSF/yr USD. Compared with the broader London Class A stock, Mayfair & St James's typically attracts Hedge funds, private equity, family offices, private banks, luxury brand HQs and competes most directly with the city's other trophy submarkets on building specification, transit access, and [amenitisation](/glossary/amenitisation). Adjacent submarkets to study alongside Mayfair & St James's: [City of London](/cities/london/city-of-london), [King's Cross](/cities/london/kings-cross), [Shoreditch & Tech Belt](/cities/london/shoreditch-tech-belt), [Canary Wharf](/cities/london/canary-wharf). The full London submarket atlas is at [/cities/london](/cities/london). ## Topic deep-dives for Mayfair & St James's For an institutional Class A occupier evaluating Mayfair & St James's, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket: - [Mayfair & St James's — ](/cities/london/mayfair-st-james/rents-and-availability) - [Mayfair & St James's — ](/cities/london/mayfair-st-james/tenant-profile) - [Mayfair & St James's — ](/cities/london/mayfair-st-james/transit-and-commute) - [Mayfair & St James's — ](/cities/london/mayfair-st-james/amenity-and-lifestyle) - [Mayfair & St James's — ](/cities/london/mayfair-st-james/trophy-and-comparables) - [Mayfair & St James's — ](/cities/london/mayfair-st-james/fit-out-and-spec) ## Related glossary Terminology specific to London Class A leasing and to the trophy tier: [Class A](/glossary/class-a), [Trophy asset](/glossary/trophy-asset), [Effective rent](/glossary/effective-rent), [Concession package](/glossary/concession-package), [TI allowance](/glossary/ti-allowance), [Submarket tier](/glossary/submarket-tier). ## Frequently asked questions ****Why are Mayfair rents so high relative to floor plate?**** : Stock is permanently constrained by Grade-listed buildings, conservation areas, and small parcels. Trophy tenants pay for address, not floor efficiency. ## Editorial provenance Reviewed by [**Samuel Okafor**](/about/authors/samuel-okafor) — EMEA contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards). ### Primary sources for this page - [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE - [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL - [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield - [Savills World Research](https://www.savills.com/research_articles/) — Savills - [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers [Full sources index](/about/sources) · [Submit a correction](/about/corrections) ## Related topics - [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal. - [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce. - [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease. - [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies. - [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office [fit-out](/topics/fit-out-capex)">fit-out capex. - [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa. --- Citation: Source: Class A Atlas (https://classa.info/cities/london/mayfair-st-james), updated 2026-04-15T00:00:00.000Z.