I presented at the CASA Seminar Series yesterday on the topic of business centre specialisation in Greater London. The discussion drew on previous research into knowledge economy agglomeration and urban property markets.
The analysis showed how the diversity and restricted growth of West London underpins the current extremely high rents, whilst the greatly densified City of London faces oversupply with lower demand for financial services after the economic crises. The recent revival of centres in the City Fringe is based on creative industries and IT/new media, and it’s hoped similar recipes will work for future business centres at Kings Cross and Stratford.
The slides can be viewed here: