Global Occupier Markets: Prime Office Costs – Q4 2025

Commercial Leasing 06 February 2026

Over the past two years, net effective costs for best-in-class office space have risen significantly across most of the 40 markets we track, with a global average increase of 9.2%. In this report, we explore the drivers of this growth, examine key regional dynamics and highlight the structural differences emerging across major business hubs. We conclude with insights from our global outlook for 2026.

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Key features

Established ground floor retail unit (lease agreed with Waterstones) with associated basement and upper floors.
Opportunity to purchase a retail unit with significant storage and ancillary areas with development potential.
Located at the heart of the vibrant Edinburgh neighbourhood of Leith, 5a Duke Street currently forms part of the Newkirkgate Shopping Centre, a strong neighbourhood retailing hub at the foot of Leith Walk.

Name

sq ft

sq m

Availability

Ground

5,012

465.63

Available

Basement

4,138

384.43

Available

1st

4,617

428.93

Available

2nd

4,040

375.33

Available

3rd

4,122

382.95

Available

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5a Duke Street, Edinburgh, EH6 6AE

Key features

Available space

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Key features

Available space