Commercial Property

Commercial Property

Supporting London’s economic growth through world-class spaces 

The commercial property sector plays a vital role in supporting London’s success – providing the spaces where we work, shop, and store goods; where we enjoy the city; and where visitors from across the UK and globally come for work and pleasure. 

Adapting to transformation in London’s property market 

London’s commercial property market is experiencing a period of change, driven by both long-term trends in society and changes in behaviour arising from the pandemic, such as hybrid working and the rise of e‑commerce.

Skyward view of London City skyscrapers at twilight

The challenge for London is how to harness these changes in the commercial property market by: 

  • Supporting market evolution – Ensuring national and London policy helps the sector adapt and grow. 
  • Creating world-class places – Supporting development that enhances London’s appeal. 
  • Driving economic growth – Supporting London’s rich economic ecosystem, its relationship with the rest of the UK, and using commercial property as a catalyst for wider prosperity. 
  • Adapting to new demands – Responding to changing work, retail, and leisure patterns. 

Our work is focused on ensuring policy frameworks support this transformation while maintaining London’s competitive edge. 

What success looks like

A commercial property market that works is:

  • Adaptable – Responding quickly to changing business and societal needs.
  • World-class – Maintaining London’s reputation for exceptional spaces.
  • Growth-enabling – Supporting wider economic development across London and the UK.
  • Future-ready – Anticipating and preparing for continued transformation.

Supporting sector transformation

London’s success depends on a thriving commercial property market, but the sector faces unprecedented change and policy complexity.

We continue advocating for frameworks that enable the commercial property sector to adapt, grow, and support London’s position as a national and global business destination – and as a great place to live, work, and play.

Our goal: To ensure London’s commercial property market can harness transformation to drive economic growth while maintaining world-class standards that attract businesses and visitors globally.