West End office space rents rise for first time in three years

West End office rents have risen for the first time in three years, according to research by Jones Lang LaSalle (JLL).

Rental rates increased to £85 per square foot in the second quarter, up from £75 per square foot in the first quarter. The real estate firm expects rents to hit £87.50 per square foot by the end of 2010. (more…)