
City Office Market Watch
"While take-up remains low, the increasing level of under-offers shows some positivity"
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"While take-up remains low, the increasing level of under-offers shows some positivity"

"Supply continues to rise with more occupiers releasing space at the start of Q4"

"Grade A supply has fallen 62% since the end of 2019 with less than six months' worth of Grade A supply available"

"Demand returning to the market with an uptick in requirements recorded"

"Q3 showed a significant uplift on Q2 in the regional office markets"

"Although the Covid-19 pandemic has caused office take-up to be significantly below average levels, Cardiff has attracted some key office occupiers throughout the first three quarters of 2020"

"Office demand in Glasgow was strong throughout Q1. However, Covid-19 and the extended lockdown in Scotland significantly restricted office take-up during the second and third quarter"

"Anticipated rise in transactional volume in Q4 comes under threat from new Covid-19 restrictions"

"October turnover exceeds £1bn as the market continues to absorb more core assets"

"Supply continues to rise, but predominantly due to Q1 2021 completions, rather than tenant space"