Mayfair & St James's is a trophy-tier Class A submarket of London with average asking rent around £165/sqft/yr · ≈ $210 PSF/yr USD.
The deepest hedge fund and family office cluster in EMEA. · Tier: trophy · Avg rent: £165/sqft/yr · ≈ $210 PSF/yr USD
Mayfair and St James's host the highest concentration of hedge funds, private equity, family offices, and private banks in EMEA. Stock is small, characterful, and almost never new-build. Period buildings command record per-foot rents.
Hedge funds, private equity, family offices, private banks, luxury brand HQs.
Small floor plates (3-8,000 sqft), period features, restored period detailing combined with Cat A spec.
Bond Street (Elizabeth Line, Jubilee, Central), Green Park (Jubilee, Piccadilly, Victoria).
Bond Street's Elizabeth Line addition transformed inbound commute economics.
Bond Street, Berkeley Square, St James's clubland, the Royal Parks.
Mayfair & St James's is one of 7 Class A submarkets we cover in London, classified as trophy tier with an average asking rent around £165/sqft/yr · ≈ $210 PSF/yr USD. Compared with the broader London Class A stock, Mayfair & St James's typically attracts Hedge funds, private equity, family offices, private banks, luxury brand HQs and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Mayfair & St James's: City of London, King's Cross, Shoreditch & Tech Belt, Canary Wharf. The full London submarket atlas is at /cities/london.
For an institutional Class A occupier evaluating Mayfair & St James's, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to London Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.