Increase in demand for office space.

According to a new report out, Liverpool city centre has seen an increase in demand for all grades of office accommodation, Manchester registered the highest average of all nine cities outside of London that featured in the study.

Ian Steele, director at Bilfinger GVA Liverpool, reportedly says: “It is clear that there has been an increase in demand for office space in Liverpool city centre which is in line with the economic upturn.

“However, one of the biggest challenges is the shortage of Grade A stock in Liverpool with less than one year’s supply and the lack of new developments in the pipeline means that occupiers will potentially have limited options for relocation and expansion.

“In Q4 we saw increased demand for all grades of accommodation. Hopefully this will drive further investment in the region and people will continue to want to bring their businesses to this thriving city.”

Chris Cheap, Senior Director and Head of Offices at Bilfinger GVA in the North West, reportedly says: “Supply of prime space remains extremely tight across the nine cities with an average just short of a years’ availability based on past take-up rates.

“This is none more so apparent than in central Manchester where there is just six months’ supply of built and available prime stock and while there is a healthy development pipeline, occupiers with short time horizons really need to be taking action.”

The report in full on the Move Commercial website can be seen here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News


Daily bite-sized proptech and property news in partnership with Proptech-X.   PRESS RELEASE: BriefYourMarket partnerships take lead generation to next level Generating and nurturing leads is the backbone of estate agency. According to Richard Combellack, Chief Commercial Officer at BriefYourMarket, this is exactly what BriefYourMarket is about, finding and nurturing new leads via a variety…
Read More
Home and Living

5 Gas Safety Tips to Keep You Safe at Home

Houses with safety hazards are not desirable, since they endanger the lives of their occupants. The value of your home diminishes if you’re your house and property are damaged, including gas appliances. Therefore, all owners, landlords, and tenants have a responsibility to have the appliances they own tested for functionality. Check all of your household…
Read More
do i need planning permission for a shed
Home and Living

What you need Planning Permission for in your Garden

Gardens, mostly those at the rear of property, offer us a great diversity of options outside just a lawn and patio area. From outside office space to swimming pools, gardens are a great space in which we can add great value to our lifestyles from leisure to work. Planning permission is the phrase used to…
Read More
Breaking News


Daily bite-sized proptech and property news in partnership with Proptech-X. continues to strengthen its leadership team With my non-journalist hat on, and to ensure complete transparency, I also hold a position as a non-executive director at – AS Following the recent acquisition of BriefYourMarket, proptech supplier, has announced that Damon Bullimore…
Read More
Overseas Property

How to reside in Spain through an investment

Golden Visa residence in Spain is a residence visa for investors. It was created by Law 14/2013 on support for entrepreneurs and their internationalisation, and its purpose is to attract non-EU foreign investors to Spain. This visa offers legal residence in Spain for a period of 6 months to 2 years depending on the type…
Read More
burglar uk
Home and Living

What do Burglars look for in a House?

We are all aware, unfortunately so, that today we need to be very careful on what we leave on show that could tempt a burglar / thief. Home security has certainly improved over the years including methods of combating crime and deterring those tempted to break in and enter. Especially with the invention of the…
Read More