Topic: Commercial real estate in the United Kingdom (2026)

  • Real Estate
  • Commercial Real Estate

Choose a region:

The United Kingdom is home to the largest commercial real estate market in Europe. The country’s diverse and robust economy and London’s status as a leading global financial center make the UK an attractive destination for both domestic and international investors. In 2024, the value of commercial real estate investments picked up after it plummeted in 2023 due to slower economic growth and higher borrowing costs. Despite a less favorable investment and development climate globally, London ranked as the European city with the best real estate prospects in 2025.


How much does the average commercial rent cost in the UK?

The location and quality of a property are paramount in determining its rental rate. Retail spaces with maximum accessibility, footfall, and visibility, such as London’s main shopping streets, are usually the most expensive to rent. In 2025, London’s famous Bond Street had an average high street rent of 2,500 British pounds per square foot. Renting a best-in-class office space in the same district, the West End of London, known for its buzzing life, numerous tourist attractions, shopping streets, and multinational companies, cost about 170 British pounds per square foot in the same year. That was roughly three times higher than the average office rent in other big cities in the country, such as Bristol, Birmingham, and Manchester. The average warehouse rent in the East Midlands, one of the most important logistics hubs in the country, cost 10.5 British pounds per square foot in 2025 That includes units over 100,000 square feet, such as third-party logistics, retail warehouses, and manufacturing facilities.

Which property types have the best growth prospects?

Over the past decade, industrial real estate has enjoyed growing popularity among investors. The UK’s decision to leave the European Union in 2016 and the COVID-19 pandemic underlined the importance of safeguarding supply chains. That fueled demand among occupiers, but supply struggled to catch up. As a result, warehouses are forecast to generate the highest rental growth and capital value increase in the UK commercial real estate sector. Offices in London West End are expected to yield a total annualized return on investment of 6.2 percent until 2029 – the lowest in the commercial sector. Following the COVID-19 pandemic, vacancy rates for offices have increased. Nevertheless, demand for best-in-class, newly-built offices will continue, resulting in growing property values and rents.

This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.

Published by Statista Research Department, Jul 15, 2025

Advertisement

Key insights

Estimated value of the commercial property market
1.9tr USD

Topic: Commercial real estate in the United Kingdom (1)

Detailed statistics

Commercial property market size in the UK 2018-2024

Market cap of the listed real estate market
67bn USD

Topic: Commercial real estate in the United Kingdom (2)

Detailed statistics

Listed real estate market cap in the UK 2019-2024, by quarter

Commercial real estate investment
440.24bn GBP

Topic: Commercial real estate in the United Kingdom (3)

Detailed statistics

Commercial real estate investment volume in the UK 2014-2024

Get more insights

Editor’s Picks

Editor’s Picks

Current statistics on this topic
Commercial Real EstatePrime yields of commercial property in the UK 2022-2025, by property type
OfficeRental growth forecast for commercial real estate in the UK 2025-2029, by type
IndustrialPrime industrial rent costs in the UK 2025, by region

Recommended statistics

Overview

6
  • Premium Statistic Commercial property market size in the UK 2018-2024
  • Premium Statistic Listed real estate market cap in the UK 2019-2024, by quarter
  • Premium Statistic Commercial real estate investment volume in the UK 2014-2024
  • Premium Statistic Commercial property investment volume in the UK 2022-2025, by property type
  • Premium Statistic Breakdown of annual commercial property investment UK June 2025, by property type
  • Premium Statistic Prime yields of commercial property in the UK 2022-2025, by property type

Overview

  • Premium Statistic Commercial property market size in the UK 2018-2024

    Topic: Commercial real estate in the United Kingdom (7)

    Commercial property market size in the UK 2018-2024

    Value of the commercial property market in the United Kingdom (UK) from 2018 to 2024 (in billion U.S. dollars)

  • Premium Statistic Listed real estate market cap in the UK 2019-2024, by quarter

    Topic: Commercial real estate in the United Kingdom (8)

    Listed real estate market cap in the UK 2019-2024, by quarter

    Market cap the of listed real estate market in the United Kingdom (UK) from 1st quarter 2019 to 4th quarter 2024 (in billion U.S. dollars)

  • Premium Statistic Commercial real estate investment volume in the UK 2014-2024

    Topic: Commercial real estate in the United Kingdom (9)

    Commercial real estate investment volume in the UK 2014-2024

    Four-quarter rolling value of commercial real estate investment in the United Kingdom (UK) from 2014 to 2024 (in billion GBP)

  • Premium Statistic Commercial property investment volume in the UK 2022-2025, by property type

    Topic: Commercial real estate in the United Kingdom (10)

    Commercial property investment volume in the UK 2022-2025, by property type

    Commercial real estate investment volume in the United Kingdom (UK) from January 2022 to May 2025, by property type (in million GBP)

  • Premium Statistic Breakdown of annual commercial property investment UK June 2025, by property type

    Topic: Commercial real estate in the United Kingdom (11)

    Breakdown of annual commercial property investment UK June 2025, by property type

    Distribution of annual commercial real estate investment in the United Kingdom (UK) as of June 2025, by property type

  • Premium Statistic Prime yields of commercial property in the UK 2022-2025, by property type

    Topic: Commercial real estate in the United Kingdom (12)

    Prime yields of commercial property in the UK 2022-2025, by property type

    Prime yields of commercial property in the United Kingdom (UK) from 2022 to 2025, by property type

Office

6
  • Premium Statistic Area of built office real estate in the UK 2024, by city
  • Basic Statistic Real estate prime office rent prices in the UK 2025, by city
  • Premium Statistic Availability rates in the prime office market in the UK 2025, by city
  • Premium Statistic Office real estate take-up in the UK 2025, by market
  • Premium Statistic Year-on-year change in office real estate take-up in the UK Q1 2025, by city
  • Premium Statistic Prime office yield in regional cities in the UK (excluding London) 2023-2025

Office

  • Premium Statistic Area of built office real estate in the UK 2024, by city

    Topic: Commercial real estate in the United Kingdom (13)

    Area of built office real estate in the UK 2024, by city

    Built office stock in selected cities in the United Kingdom (UK) in 3rd quarter 2024 (in million square feet)

  • Basic Statistic Real estate prime office rent prices in the UK 2025, by city

    Topic: Commercial real estate in the United Kingdom (14)

    Real estate prime office rent prices in the UK 2025, by city

    Rental cost of prime office space in selected cities in the United Kingdom (UK) in 1st quarter 2025 (in GBP per square foot per year)

  • Premium Statistic Availability rates in the prime office market in the UK 2025, by city

    Topic: Commercial real estate in the United Kingdom (15)

    Availability rates in the prime office market in the UK 2025, by city

    Availability rates in the prime office market in the United Kingdom (UK) in 1st quarter 2025, by city

  • Premium Statistic Office real estate take-up in the UK 2025, by market

    Topic: Commercial real estate in the United Kingdom (16)

    Office real estate take-up in the UK 2025, by market

    Take-up of office real estate in selected markets in the United Kingdom (UK) in 1st quarter 2025 (in square feet)

  • Premium Statistic Year-on-year change in office real estate take-up in the UK Q1 2025, by city

    Topic: Commercial real estate in the United Kingdom (17)

    Year-on-year change in office real estate take-up in the UK Q1 2025, by city

    Year-on-year percentage change in office real estate take-up in selected cities in the United Kingdom (UK) in 1st quarter 2025

  • Premium Statistic Prime office yield in regional cities in the UK (excluding London) 2023-2025

    Topic: Commercial real estate in the United Kingdom (18)

    Prime office yield in regional cities in the UK (excluding London) 2023-2025

    Prime office yields in the United Kingdom (UK) excluding London from 2023 to 2025, by city

Industrial and logistics

7
  • Basic Statistic Prime industrial rent costs in the UK 2025, by region
  • Premium Statistic Annual prime rental costs for large warehouses in the UK 2014-Q1 2025, by city
  • Premium Statistic Annual take-up of industrial and logistics property in the UK as of Q12025, by region
  • Premium Statistic Annual take-up of warehouses in the UK as of Q1 2025, by sector
  • Premium Statistic Take-up of logistics warehouses in the UK 2020-2024, by size band
  • Premium Statistic Net prime yields for industrial warehouses in the UK 2025, by market
  • Premium Statistic Prime yields for industrial real estate in the UK 2015-2025, by property type

Industrial and logistics

  • Basic Statistic Prime industrial rent costs in the UK 2025, by region

    Topic: Commercial real estate in the United Kingdom (19)

    Prime industrial rent costs in the UK 2025, by region

    Prime rent for big-box warehouses in the United Kingdom (UK) in 1st quarter 2025, by region (in GBP per square foot)

  • Premium Statistic Annual prime rental costs for large warehouses in the UK 2014-Q1 2025, by city

    Topic: Commercial real estate in the United Kingdom (20)

    Annual prime rental costs for large warehouses in the UK 2014-Q1 2025, by city

    Annual headline prime rent costs for warehouses in the occupier logistics market for select cites of the United Kingdom (UK) from the 2014 to 1st quarter 2025 (in euros per square meter)

  • Premium Statistic Annual take-up of industrial and logistics property in the UK as of Q12025, by region

    Topic: Commercial real estate in the United Kingdom (21)

    Annual take-up of industrial and logistics property in the UK as of Q12025, by region

    Distribution of take-up of logistics and industrial real estate in the United Kingdom (UK) between 2nd quarter 2024 and 1st quarter 2025, by region

  • Premium Statistic Annual take-up of warehouses in the UK as of Q1 2025, by sector

    Topic: Commercial real estate in the United Kingdom (22)

    Annual take-up of warehouses in the UK as of Q1 2025, by sector

    Distribution of industrial and logistics real estate take-up in the United Kingdom (UK) between 2nd quarter 2024 and 1st quarter 2025, by sector

  • Premium Statistic Take-up of logistics warehouses in the UK 2020-2024, by size band

    Topic: Commercial real estate in the United Kingdom (23)

    Take-up of logistics warehouses in the UK 2020-2024, by size band

    Distribution of industrial and logistics real estate take-up in the United Kingdom (UK) from 2020 to 2024, by size band

  • Premium Statistic Net prime yields for industrial warehouses in the UK 2025, by market

    Topic: Commercial real estate in the United Kingdom (24)

    Net prime yields for industrial warehouses in the UK 2025, by market

    Net prime industrial yields in the United Kingdom (UK) in 1st quarter 2025, by market

  • Premium Statistic Prime yields for industrial real estate in the UK 2015-2025, by property type

    Topic: Commercial real estate in the United Kingdom (25)

    Prime yields for industrial real estate in the UK 2015-2025, by property type

    Prime yields for industrial and retail warehousing in the United Kingdom (UK) from February 2015 to February 2025, by property type

Retail

5
  • Premium Statistic Retail footfall year-on-year change in the UK December 2024, by location
  • Basic Statistic Annual rental cost of high street retail in the UK 2025, by market
  • Premium Statistic Quarterly high street and shopping center rental growth in the UK 2020-2025
  • Premium Statistic Prime high street retail yields in the UK 2019-2025, by location
  • Premium Statistic Shopping center yields in the UK 2019-2025, by type

Retail

  • Premium Statistic Retail footfall year-on-year change in the UK December 2024, by location

    Topic: Commercial real estate in the United Kingdom (26)

    Retail footfall year-on-year change in the UK December 2024, by location

    Year-on-year change in retail footfall in the United Kingdom (UK) in December 2024, by shopping location

  • Basic Statistic Annual rental cost of high street retail in the UK 2025, by market

    Topic: Commercial real estate in the United Kingdom (27)

    Annual rental cost of high street retail in the UK 2025, by market

    Annual rental cost of prime high street retail rents in the United Kingdom (UK) in 1st quarter 2025, by city (in GBP per square foot)

  • Premium Statistic Quarterly high street and shopping center rental growth in the UK 2020-2025

    Topic: Commercial real estate in the United Kingdom (28)

    Quarterly high street and shopping center rental growth in the UK 2020-2025

    Change in average high street and shopping center rents in the United Kingdom (UK) from 2nd quarter 2020 to 1st quarter 2025

  • Premium Statistic Prime high street retail yields in the UK 2019-2025, by location

    Topic: Commercial real estate in the United Kingdom (29)

    Prime high street retail yields in the UK 2019-2025, by location

    Prime yields of high street retail real estate in the United Kingdom (UK) from 2019 to 2025, by location

  • Premium Statistic Shopping center yields in the UK 2019-2025, by type

    Topic: Commercial real estate in the United Kingdom (30)

    Shopping center yields in the UK 2019-2025, by type

    Investment yields of shopping centers in the United Kingdom (UK) from 2019 to 2025, by type

Forecast

4
  • Premium Statistic Return on investment forecast for commercial real estate in the UK 2025-2029, by type
  • Premium Statistic Capital value growth forecast for commercial real estate in the UK 2025-2029, by type
  • Premium Statistic Rental growth forecast for commercial real estate in the UK 2025-2029, by type
  • Premium Statistic Forecast prime property rental price growth in Central London 2025-2029

Forecast

  • Premium Statistic Return on investment forecast for commercial real estate in the UK 2025-2029, by type

    Topic: Commercial real estate in the United Kingdom (31)

    Return on investment forecast for commercial real estate in the UK 2025-2029, by type

    Commercial real estate return on investment forecast in the United Kingdom (UK) from 2025 to 2029, by property type

  • Premium Statistic Capital value growth forecast for commercial real estate in the UK 2025-2029, by type

    Topic: Commercial real estate in the United Kingdom (32)

    Capital value growth forecast for commercial real estate in the UK 2025-2029, by type

    Commercial real estate capital value growth forecast in the United Kingdom (UK) from 2025 to 2029, by property type

  • Premium Statistic Rental growth forecast for commercial real estate in the UK 2025-2029, by type

    Topic: Commercial real estate in the United Kingdom (33)

    Rental growth forecast for commercial real estate in the UK 2025-2029, by type

    Commercial real estate rental growth forecast in the United Kingdom (UK) from 2025 to 2029, by property type

  • Premium Statistic Forecast prime property rental price growth in Central London 2025-2029

    Topic: Commercial real estate in the United Kingdom (34)

    Forecast prime property rental price growth in Central London 2025-2029

    Forecast annual change in average residential rent prices in Central London (UK) forecast from 2025 to 2029

Topic: Commercial real estate in the United Kingdom (2026)

References

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Rev. Leonie Wyman

Last Updated:

Views: 6515

Rating: 4.9 / 5 (59 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Rev. Leonie Wyman

Birthday: 1993-07-01

Address: Suite 763 6272 Lang Bypass, New Xochitlport, VT 72704-3308

Phone: +22014484519944

Job: Banking Officer

Hobby: Sailing, Gaming, Basketball, Calligraphy, Mycology, Astronomy, Juggling

Introduction: My name is Rev. Leonie Wyman, I am a colorful, tasty, splendid, fair, witty, gorgeous, splendid person who loves writing and wants to share my knowledge and understanding with you.