Prime Edinburgh Office Rents Surge at Record Pace
Prime office rents in Edinburgh are experiencing their fastest growth since 2015, according to a recent analysis by Knight Frank. In 2023, rents for prime office spaces in the Scottish capital increased by 8%, rising from £40 per square foot to £43 per square foot. This significant rise, driven by high demand and limited supply, marks the largest annual increase since 2015. The trend highlights the ongoing attractiveness of Edinburgh’s prime office market despite challenges such as the COVID-19 pandemic and the shift towards hybrid working. Factors Driving Rent Increases The surge in prime office rents in Edinburgh can be…
