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Insider UK
Insider UK
Business
Peter A Walker

Occupiers turning to refurbishments to meet Grade A office demand

Scotland’s shortage of Grade A office space is causing occupiers to prioritise refurbishments and refits instead of relocations.

That's according to new figures from property services firm JLL, which showed that just over 280,000 sq ft was transacted in Edinburgh in the first six months of 2023 – down on the first-half 10-year average.

JLL attributes this to a lack in supply of 'best-in-class' options.

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