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Market Watch: Birmingham Offices
"Savills forecast 825,000 sq ft of office space will be taken up during 2018"
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"Savills forecast 825,000 sq ft of office space will be taken up during 2018"
"We forecast the sub 5,000 sq ft market to strengthen through 2018, boosting total office take up to 1.8 million sq ft during 2018"
"The Scottish office market has continued its steady occupational performance into 2018, as tight supply continues to add upward pressure to rents"
"Leeds has carried its strong occupational momentum from the second half of 2017 into 2018. A shortage of new build and comprehensively refurbished supply is likely to add upward pressure to rents over the next 12–18 months"
"At end April 2018, Leeds office investment volumes have reached £112m, already 12% above the 2017 total. With strong investor demand, we expect yields to hold firm at 5% this year"
"2017 marked a strong year in both the Scottish office occupational and investment markets with positive sentiment being carried into 2018"
"Large Government Property Unit requirements and a modest recovery in the oil and gas sector will drive the full year's Scottish office take-up volumes above the 10-year average of 2.1m sq ft"
"Developing the appropriate commercial and residential space in Edinburgh is key to unlocking growth"
"We expect end of year take-up in Leeds city centre to reach one million sq ft by the end of the year"