Regeneration, innovation and serviced offices tipped to drive city’s market in 2018
The proliferation of serviced offices, city centre regeneration and innovation in workspace will be key themes for Manchester’s office market in 2018, according to real estate adviser Savills.
With just 382,000sq ft of grade A space currently available and 10-year average annual take up of 350,000sq ft, the firm also forecasts that rents will be pushed upwards next year and could reach £37 per sq ft by 2019.
Serviced offices have already shown considerable growth in Manchester, accounting for about 10% of city centre take up ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
