Published on March 3, 2014
London’s Review & Outlook
> T NS MY JER
01 02 03 04 05
01 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% -2.0% -4.0% -6.0% -8.0% Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13
05 Ranking City US$bn 38.5 1 Paris 15.0 31.4 2 Los Angeles 13.4 18.4 3 Chicago 12.9 City US$bn London New York Tokyo Ranking City US$bn Ranking 4 Singpore 11.6 7 5 Shanghai 10.1 8 6 Washington DC 8.7 9 Seoul 7.5 10
THE JLL EUROPEAN OFFICE RENTAL CLOCK Geneva Amsterdam, Paris CBD, Warsaw Helsinki, Lyon Oslo, Stockholm, Stuttgart Milan, Zurich Berlin, Cologne, Dusseldorf Copenhagen, Hamburg, Moscow Istanbul, Luxembourg St. Petersburg Manchester Rental Growth Slowing Rents Falling Rental Growth Accelerating Munich Rents Bottoming Out Athens, Lisbon Budapest, Madrid, Rome Barcelona, Dublin Bucharest, Brussels, Edinburgh Frankfurt, Kiev, Prague Source: Jones Lang LaSalle
February 2014 LONDON’S WEST END: REVIEW AND OUTLOOK 28
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