Birmingham office space hits nine-year low
The available office space in Birmingham has reached a nine-year low, with agents in the city expecting the situation to become even worse during the rest of 2017.
There is currently 1.76m sq ft of space to let in the city - nearly 1m sq ft below its 2012 peak. Stock has been fallen in each of the five years since then, while forthcoming deals at 55 Colmore Row and Arena Central will take further chunks off the market.
Will Ventham, who heads the Midlands office agency team at CBRE, said: "First impressions suggest the Birmingha... 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...
