Knowledge

London Area GuideAldgate Office Space to Rent

Area Overview

The City East part of London encompasses the eastern fringe of the City and parts of Tower Hamlets – Aldgate and St Katharine Docks (E1). Once deemed the outer limits of the City of London, regeneration has led to the commercial market bleed further east.

St Katharine docks is a former dock that is now a mixed-use area of central London, also situated in the Borough of Tower Hamlets. St Katharine’s docks were damaged during WWII, but the area now features housing, hotels, shops, restaurants, and offices after significant redevelopment.

What to do and see

The Tower of London, a historic Royal Palace and holder of the Crown Jewels is a key tourist destination
Tower Bridge (often wrongly called London Bridge) is an active drawbridge, to allow access for passing tall boats
St Katharine Docks – mooring for yachts and houseboats now surrounded by shops, retail and offices
Visit some of London’s famous markets, Spitalfields, Whitechapel, or Petticoat Lane

The Workforce

The local area has a rich history associated with the textile and market trades. Whilst some remain, many areas have undergone regeneration increasing the provision of residential space and increased the commercial offering significantly.

A multigenerational local workforce and easy access from other parts of London this area has become increasingly attractive to businesses relocating. It also has a large student population which boosts the labour pool.

Transport

Circle & District Line, Central Line, Metropolitan Line, Hammersmith & City Line, DLR
One river stop
Liverpool Street, Fenchurch Street, London Overground
One new Crossrail line station

Employment & Industries

Growth Sectors (GVA) 2015-2019

Professional servcies
- up by 59%
Health
- up by 46%
Government
- up by 42%

The Office Market

The City East office market is dovetails with neighbouring City Core and North. A redevelopment of former industrial warehouses and regeneration projects of large plots has breathed new life into this part of London.

With further growth expected this part of London will benefit from its mix of residential and commercial space.

Business Districts

Aldgate
Brick Lane
Limehouse
Spitalfields
St Katharine Docks
Shadwell
Tower Hill
Wapping
Whitechapel

Major Employers

Largest deals in 2020-21

Company	Sector	Building	Size (sq ft)
Queen Mary University	Education	Dept W, 81 Mile End Road	55,380
The New College of Humanities	Education	58 St Katharines	38,744
Little Dot Studios	Media	Trumans Brewery	23,500
Investigo	Professional	1-10 Bishops Square	19,813
Four Communications	Media	2-4 Whitechapel Road	17,149
Dynata Global	Professional	58 St Katharines	12,239

Mid sized deals in 2020-21

Company	Sector	Building	Size (sq ft)
Xinhua News Agency	Media	6 Thomas More Square	7,681
PRI Association	Government	25 Camperdown Street	7,234
Good Care Group	Health	120 Leman Street	6,069
Matter of Form	Media	168 Shoreditch High Street	5,872
The Secretary of State	Government	120 Leman Street	5,815