■ There remains a limited supply of prime Grade A space, which currently stands at 187,350 sq ft. With no new speculative developments scheduled to complete until Three Snowhill and 1&2 Chamberlain Square in 2019, competition for the best quality space will intensify.
■ Top rents in the city are £33 per sq ft and we expect the delivery of new speculative space to achieve in excess of £34 per sq ft by the end of 2019.
■ Office investment volumes in Birmingham reached £408 million as at end Q3 2017, 2% above the 10-year annual average of £400 million. However, the round-trip costs of buying and selling have discouraged landlords from disposing of assets in an income driven environment.
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