CBRE forecasts that AI‑led office uptake in London could reach four million sq ft by 2033. For context, this level of demand would equate to 43% of all the to let space currently under development in central London.
The forecast reflects London’s position as a global technology hub, and the continued strength of momentum in the sector. Since 2013, technology companies have leased 17.9 million sq ft of office space across central London.
By the end of 2025, CBRE was tracking 600,000 sq ft of active central London office requirements from technology companies, representing 9% of total market demand. AI‑led occupiers are playing an increasingly significant role in London’s tech landscape, accounting for 34% of technology sector take‑up in 2025, up from just 4% in 2015.
“What stands out from our research is the speed at which tech and AI businesses are making a footprint in London on a relatively small, or short-term lease, but upsizing significantly within 18 to 24 months.
“Looking ahead, we expect London’s depth of talent and established tech ecosystem to continue reinforcing its position as a global hub for technology and AI. Importantly, this demand for talent extends well beyond the technology sector, underpinning London’s long-term appeal.”
Mike Gedye, Head of Tech Sector Vertical, CBRE UK
Since 2015, AI‑led companies have taken around 1.5 million sq ft of traditional office space across central London, accounting for 11% of total technology sector take‑up over the period.
Over half of this space has been acquired since the beginning of 2022, reflecting the subsector’s growth trajectory over the last few years. Many AI occupiers initially favour flex office space, predominantly reflecting their space needs in relation to rapid growth, before transitioning into traditional offices as businesses scale.
