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Office rents: test the evidence behind an asking price

An office rental figure becomes useful only when its basis is understood. Asking prices, incentives and completed lease terms are not interchangeable.

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Published by Astra Terra Properties. Astra Terra analysis and practical guidance. Verify the facts and terms of your own transaction with the appropriate sources and advisers.

About this revision

Revised on 3 October 2026 as Astra Terra analysis. Unverified historical market assertions have been removed. The original publication date and URL are retained; this is practical guidance, not a reconstructed news report.

An office rental figure becomes useful only when its basis is understood. Asking prices, incentives and completed lease terms are not interchangeable.

Build the comparison carefully

Record location, usable area, condition, parking, included costs and confirmation date for each example. Ask whether fit-out works or a rent-free period affect the apparent price. Keep uncertain information separate from documented terms.

Explain the differences

Compare the target with premises a business could realistically occupy instead. Use specification and operating costs to explain a premium or discount. Avoid presenting a broad percentage movement as proof that one landlord's request is justified.

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