What is the average Class A rent in Edinburgh?

Around 42 GBP/sqft/yr ($53 USD) across the broader Class A index. Trophy submarkets like New Town / George Street command 20–40% above that.

How many months of rent-free are normal in Edinburgh?

18 months on a 10-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.

Are rents rising or falling in Edinburgh?

The Edinburgh Class A market is currently rising. Vacancy is 8.4%, which sets the negotiating context.

Headline Class A rent in Edinburgh is around 42 GBP/sqft/yr ($53 USD), with 18 months of typical rent-free on a 10-year term.

Headline Class A rent: 42 GBP/sqft/yr ($53 USD).
Trophy submarket rents (New Town / George Street) push to roughly £48/sqft/yr · ≈ $61 PSF/yr USD.
Typical concessions on a 10-year deal: 18 months free rent.
Vacancy stands at 8.4% — market trend is rising.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Edinburgh Class A office rents and incentives

Headline Class A rent in Edinburgh is around 42 GBP/sqft/yr ($53 USD), with 18 months of typical rent-free on a 10-year term.

TL;DR

Headline Class A rent: 42 GBP/sqft/yr ($53 USD).
Trophy submarket rents (New Town / George Street) push to roughly £48/sqft/yr · ≈ $61 PSF/yr USD.
Typical concessions on a 10-year deal: 18 months free rent.
Vacancy stands at 8.4% — market trend is rising.
Use effective rent (face minus PV of concessions), not headline, to compare deals.

Headline rent vs. effective rent

Asking rents in Edinburgh are quoted in GBP per sqft per year. Across the broad Class A index the figure is 42, but the trophy tier in New Town / George Street reaches roughly £48/sqft/yr · ≈ $61 PSF/yr USD. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.

Rent-free and TI

Standard Edinburgh concessions on a 10-year Class A lease run to 18 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — UK corporation tax of 25%. Scottish business rates (Non-Domestic Rates) ~50% of rateable value annually — administered by Scottish Government, distinct from England.

Where rents land by submarket

New Town / George Street sits at the top end (~£48/sqft/yr · ≈ $61 PSF/yr USD). Haymarket clears around £44/sqft/yr · ≈ $55.9 PSF/yr USD as the prime tier. Fountainbridge / Edinburgh Park represents the value end at ~£32/sqft/yr · ≈ $40.6 PSF/yr USD. The full submarket map is on the Edinburgh city page.

Key facts

city	Edinburgh
country	United Kingdom
region	EMEA
classARentLocal	42 GBP/sqft/yr
classARentUsd	$53/sqft/yr
vacancy	8.4%
typicalLeaseYears	10
typicalRentFreeMonths	18
submarkets	5
primeYieldPct	5.4%
trophyRent	£48/sqft/yr · ≈ $61 PSF/yr USD
primeRent	£44/sqft/yr · ≈ $55.9 PSF/yr USD

Frequently asked questions

What is the average Class A rent in Edinburgh?: Around 42 GBP/sqft/yr ($53 USD) across the broader Class A index. Trophy submarkets like New Town / George Street command 20–40% above that.
How many months of rent-free are normal in Edinburgh?: 18 months on a 10-year deal is the standard benchmark. Lease-up product or tenants with strong covenant strength can push higher.
Are rents rising or falling in Edinburgh?: The Edinburgh Class A market is currently rising. Vacancy is 8.4%, which sets the negotiating context.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction