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Bristol Offices Snapshot Q3 2021

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We're pleased to present you with the latest Bristol Offices Q3 Snapshot report.

Some key highlights from the report are listed below:

  • There has been a significant improvement in city centre take up compared with the same period of 2020.
  • Serviced offices have assisted this with Runway East and Desklodge accounting for 38% of take up this quarter.
  • The majority of ‘churn’ was in the sub 2,000 sq ft size range.
  • Rent levels are holding firm due to strong demand and supply dynamics.
  • Despite year to date being behind the 5 year average, Q4 is expected to see a number of larger deals cross the line.
  • The investment market was boosted by the sale of the 1st phase of Assembly Bristol at 4.7%.
  • Off market transactions have continued to dominate.


Bristol Offices Snapshot Q3 2021

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Related Experts

James Preece


National Offices


I am a Director in the National Offices team based in Bristol and have over 22 years experience.

Having joined Colliers in August 2008 my role has included numerous disposals and acquisitions in the South West for a myriad of clients, from large funds such as Aviva to private individuals.

I previously worked for Bidwells Business Space Agency team in Cambridge (2003 -2008) where I specialised in office and research & development disposals and acquisitions.

Before this I worked for Chesterton International Plc in London. After qualifying as a member of the Royal Institution of Chartered Surveyors in 2001, I remained in the City office agency team.


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Richard Coombs


National Capital Markets


Richard Coombs is a Director in the UK National Investment team with particular responsibility for investment in the South West. His specialist area is business space although he also provides advice to clients across all major sectors of the market.  Richard has advised clients such as Aviva Investors, Patrizia, Mayfair Capital, Aberdeen Standard Investments, Columbia Threadneedle Investments and Castleforge Partners for more than 25 years in the acquisition, sale and funding of investment property.

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Guy Grantham

Director of Research and Forecasting

Research and Forecasting

London - West End

Guy has been a property research professional for 23 years and gained extensive knowledge of the UK and Global property markets. He has worked closely with a wide variety of major developers, landlords and occupiers in a consultancy capacity. Instrumental in supporting Hines' purchase of Brindleyplace for £200m, on which Colliers advised. He is now specialising in the London Office market using his extensive knowledge and experience to provide market leading insight into current occupier, investment and development trends.

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