Take-up of office space in Bristol is at a six-year high, a study has found. The city’s office market was the only one across the UK’s six largest regional settlements to record an increase in leasing activity in the first half of the year, according to research from property agency JLL.
The analysis, which also tracked take-up, vacancies and rent prices across Birmingham, Edinburgh, Glasgow, Leeds and Manchester, found an 18% uplift in Bristol on the second half of 2021 - the first period JLL had monitored which had not been disturbed by national Covid-19 lockdowns since before the pandemic.
JLL said technology, media and telecoms (TMT), and services sectors dominated Bristol’s office leasing activity, accounting for more than half of floor space taken up in 2022 to date.
