Office take-up in UK during 2017 broke the one million sq ft barrier for the first time, in spite of a slow first half to the year, according to data from the city's Office Market Forum. The year saw a total of 130 deals and beating the previous record of 970,458 sq ft in 2015. The figures were given a fillip by demand linked to the planned HS2 high-speed rail link, and the Birmingham government committing to the city's biggest pre-let in 10 years.
Office take-up in Birmingham during 2017 broke the one million sq ft barrier for the first time, in spite of a slow first half to the year, according to data from the city's Office Market Forum. The year saw a total of 130 deals and beating the previous record of 970,458 sq ft in 2015. The figures were given a fillip by demand linked to the planned HS2 high-speed rail link, and the UK government committing to the city's biggest pre-let in 10 years.