the office provider 01625 422 065

Headline rents sent to hit £30 psf!

16th Jun 2011

CB Richard Ellis has recently stated that

'It is likely that headline rents of £30 per sq ft may be achieved during 2011 in light of diminishing supply and continued demand (of office space in Manchester). We anticipate incentive packages to reduce significantly during 20011 in light of the reduction in Grade A supply.'

CB Richard Ellis, UJ Regional Office Markets, H2 2010

Where there are pre-let opportunities, rents may reach £30 per sq ft, though existing buildings will remain at current headline levels, albeit that incentives are set to reduce by year end.'

King Sturge, UK Office Markets 2011