The Big Nine - Quarterly Review of The Regional Office Occupier Markets, Q4 2012
Report Authors: GVA
Report Summary:
City centre and out-of-town activity reached 1,762,000 sq ft in Q4, 12% above the quarterly average. This makes overall take-up for 2012 consistent with levels over the last three years, supported by a stronger performance out-oftown. The shortage of grade A supply has been tempered by the lack of significant grade A deals this year but with healthy future demand in a number of cities and the prospect of lease events over the next three years, there are signs of developer sentiment improving to meet this demand.
City centre take-up across the nine GVA regional offices for Q4 was 995,000 sq ft, similar to the quarterly average. Manchester and Birmingham finished the year strongly, recording the majority of the top deals in Q4.
About the Author:
GVA’s award winning Research team provides high quality research and analysis to the business and its clients. Our market commentaries, thought leadership pieces and consultancy advice drive industry debate, distinguish GVA from its competitors, and add value for our clients.
