LONDON—Larry Fink complains BlackRock is running out of desks. HSBC’s new tower turned out to be too small. Ken Griffin’s hedge fund, Citadel, signed a lease on a building three years ahead of time.
The office market in London’s ancient commercial quarter—known simply as the City—is booming, fueled by an influx of American law and finance firms, a growing tech scene and demand for the swankiest spaces to lure workers back to their desks.
