■ The relocation of major employers to the city is driving high levels of office take-up. City centre take-up reached 1,005,000 sq ft during 2017, 51% above the 10-year average.
■ Residential development in the city centre has been supported by price growth, making complex regeneration schemes viable. New players are entering the market, including Build to Rent providers and housing associations.
■ Beyond the city centre, there is competing demand for land, both for residential and industrial development. Well connected logistics property is outperforming the national average.
■ Although volumes of residential development have picked up, there is still a shortage of delivery against housing need. There is a particular need for more three- and four-bedroom family housing.