Digital London

Revisited

Over three years ago we launched "Understanding Digital London", an in-depth look at the innovative hub of tech, media and creative companies in Shoreditch, Clerkenwell and Aldgate.
As we predicted, the area has boomed; since the last report.

Rents

Rents

Rents

increased by 40%

Take-Up

Take-Up

Take-Up

doubled

New Development

New Development

New Development

now stands at
1.2m sq ft

Land Ownership

Land Ownership

Land Ownership

shifted from private landlords to REITS & institutions

TMT Lettings

TMT Lettings

TMT Lettings

the area has accounted for 25% of London’s TMT lettings

Hard Tech

Hard Tech

Hard Tech

over 500,000 sq ft of lettings went to 'hard tech' companies

Request Report

But how has success affected the area? What are the other pressures on companies who have located here? We conducted an in-depth survey of companies from the area. Here’s what they thought about...

  • Brexit

    Brexit

    Has only made 6% consider relocating outside the UK.

  • Costs

    Costs

    Are less important than the need for more space – companies are expanding.

  • Suits

    Suits

    Do not put off harder tech companies - they wouldn’t rule out relocating to the City Core.

  • Broadband

    Broadband

    Is the most important factor when choosing an office - above occupational costs and transport links.