Central Birmingham office market take up figures quarter 2, 2018
Office take up in quarter two, 2018 in the central Birmingham office market totalled 169,929 ft² in 31 deals.
When added to the 22 deals totalling 148,483 ft² recorded in quarter one, the half year to date totals 318,412 ft² in 53 deals.
This represents a steady first half of the year, although up on the take up recorded in the same period of 2017 (248,466 ft²) which turned out to be a record year. Given the transactions known to be currently progressing through legals together with a number of proposals advancing to decision making stages, the BOMF members remain optimistic that the outlook for 2018 shall again see a stronger second half of the year in the Birmingham office leasing market.
Statement issued 2018 on behalf of Birmingham Office Market Forum. For further information please contact any of the member firms, the chairman Jonathan Carmalt on 0121 214 9935 [email protected] or the vice chairman Scott Rutherford on 0121 710 5785 [email protected]