Our latest Birmingham Offices Snapshot is now available, and includes insights on the Birmingham Offices market in Q4 2021.
Highlights include:
- Birmingham has shown resilience throughout the pandemic, with occupier demand starting to return to pre-pandemic levels
- Take-up for 2021 in Birmingham City Centre achieving 91% of its 10-year average
- City Centre leasing activity in 2021 showed a far healthier spread across all size bands
- 2021 saw further take-up of flexible office operators across the wider Birmingham market
- City Centre prime Grade A vacancy rates stand at just 1.7%
- Anticipation of prime rents exceeding £40.00 psf during the course of 2022, as appetite for premium product continues