London skyscrapers draw highest rents in Europe despite Brexit

Bengaluru

RENTS for office space in London skyscrapers are still the highest across Europe, a report showed on Thursday, indicating that the capital remains one of the most sought after business hubs despite Britain's looming exit from the European Union.

Prime rents in London buildings over 30 storeys stood at US$110 per square foot (psf) over the first half of the year, nearly double the US$58 psf and US$54 psf rent for buildings in Paris and Frankfurt respectively, according to the report by property group Knight Frank.