Birmingham office market set for record year despite slow start

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Birmingham’s office market is likely to see increased pre-letting activity in 2018, driven by an ever-decreasing supply which could also see prime Grade A rents reach £34 per sq ft within the next 12 months and potentially £35 per sq ft in 2019. Savills said demand from supply chains linked to infrastructure projects, such as the Midlands Metro extension and HS2, and the continued rise of serviced offices would be two key themes for 2018. In terms of office take up, Savills reports that 2017 has been a year of two halves for... 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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