Let’s put that £435 million into perspective: that’s more than the entire annual GDP of some tiny Pacific islands. And it’s just one building in London.
The Shard’s value today, thanks to inflation and London property insanity, is estimated at over £700 million. That’s a profit of £265 million—enough to buy David Beckham’s entire shoe collection, twice, and still have change for a pint of warm beer.
How Much Is It To Rent An Office? (You’ll Cry)
If you want to start your plucky startup inside The Shard, office space goes for about £100 per square foot per year. To put that in hilarious terms: a desk the size of a queen mattress costs you £8,000 a year.
That’s £675 per month for a spot where you can watch the pigeons struggle with the same wind that makes your coffee cup slide across the table. Still, your clients will be very impressed while you pretend you’re not silently panicking about the rent.
