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Bristol Offices Snapshot Q2 2021

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Bristol, as with a number of key markets across the UK, is seeing an increase in activity that is yet to fully translate into hard transaction figures.


However, in Q2 2021, Bristol City centre still experienced twice as much space transacted than in the same quarter last year.

  • There is evidence to suggest that given the prevalence of activity in the sub 3,000 sq ft size band, smaller SMEs are making decisions faster than larger occupiers.

  • Media & Tech sectors are still the mainstay of demand but the prospective 100,000 sq ft requirement from the Passport Office is set to increase public sector occupation.

  • Rents have remained stable, although we await occupier response to delivery of new product.

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Bristol Offices Snapshot Q2 2021

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Related Experts

James Preece

Director

National Offices

Bristol

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

Director

National Capital Markets

Bristol

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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