Reduced demand dampens Birmingham office market in Q2

Two Snowhill
Reduced demand for space saw a subdued second quarter for Birmingham’s office market. Colliers International said take up during the three-month period amounted to 112,263 sq ft, spread across 27 deals – 75% of which were below 5,000 sq ft. Samuel Cooke, senior surveyor in the national offices team at Colliers International, said: “The Birmingham office market is little bit like a coiled spring at the moment. “Despite the hesitant take-up so far this year, several known transactions are currently progressing and a num... 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...
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