Posted by nick on Jun 18, 2012 in Commercial Property Manchester City Centre Property Management
According to Savills a diminishing office supply is resulting in signs of improvements in rents. This is also causing incentives to be reduced.
There are a number of large corporate enquiries out there looking for good quality space and this combined with a restricted supply chain means that the office market will undergo significant change in the next few months.
This should have a knock on effect on the investment market and a subsequent improvement in valuations.