AI companies leased more than 450,000 sq ft of office space in London last month — a more than 10x increase compared to the 2025 monthly average of 40,000 sq ft.
Key signals:
• Nearly half of the leases were concentrated around King’s Cross & Euston, reinforcing the importance of proximity to talent and research ecosystems
• AI office leasing rose from less than 50,000 sq ft in April 2025 to 250,000+ sq ft by March 2026
• Major tech presence in the area includes DeepMind, Google, Meta, and Microsoft
• Analysts indicate this reflects long-term market confidence rather than speculative behavior
• Office space is increasingly being used as a strategic signal of permanence, brand credibility, and ecosystem positioning
Interesting takeaway:
Even in the age of remote work and AI, geography still matters when knowledge concentration, innovation exchange, and talent density are involved.
Source: BBC