Technology
The UK tech industry is continuing to grow at a rapid pace, now closing the gap on Silicon Valley with 91 UK Unicorns (businesses valued at £1bn). Many of these vibrant tech companies are choosing to base themselves in East London, around Old Street Roundabout, now affectionately known in the industry as Silicon Roundabout.
The tech industry’s significant (and quick) growth makes flexible workspace options extremely popular amongst this industry. We have worked with many tech businesses helping them expand in office space as needed.
Did you know?
Old Street has by far the highest concentration of tech companies in London
The Northern Line, which stops at Old Street Station, is the most densely populated line for tech companies in London
Over 80% of developers registered in London live in the east of the city
Discover Technology businesses by location
This chart shows the location of deals completed in the technology sector by SHB over the past three years.
Success stories
Check Point
We were instructed to relocate Check Point from circa 6,000 sq ft at Moor Place to 85 London Wall, Liverpool Street.
Forster Communications
Forster Communications instructed us to assist with their search for a new 1,500 sq ft office space.
Let's Do This
We have advised Let's Do This since they were 10 people in Central London and now they are 70+.
Analysis
SHB London Office Market Snapshot Q3 2022
The SHB team has compiled an extensive overview of the London office market from Q3 2022, giving you the latest, up-to-date market intelligence.