About to be added to Southbank’s commercial property hub is 595,000 square feet of new office space. There is a buzz in the air as The Shard building completes; a new London landmark, tourist attraction and, in property terms, it will boost office availability in the Central London office market to almost double from 3.4% to 6.6%. Such an increase in commercial space, specifically offices in Central London, has been long-awaited and much-needed. 

Property in Mayfair could increase to £15,000 per square foot by 2050 according to a Hamptons International report, pushing Mayfair into the position of London’s prime elite location.