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Welcome to the Q3 2011 edition of Knight Frank's Regional Office Market Presentation (ROMP). This website is updated every quarter, allowing you to track trends within each of the UK’s 11 regional office markets and assisting you in the investment and development decision making processes.
Via the interactive map, a brief snapshot of recent activity is provided for 11 key UK cities. The interactive table below also provides in-depth market data, allowing comparisons between all 11 UK regional centres.
We hope you find the latest update of interest. For further information, please refer to the office agency contact or the commercial research contact provided with the individual reports.
For general enquiries please contact: donna.smith@knightfrank.com
Q3 2011 - Key statistics at a glance
Click on
link to view |
Vacancy
Rate (%) |
Take-up
(sq ft) |
Prime Yield (%) |
Prime Headline Rent (£psf) |
| Q3 2011 |
End 2011
Forecast |
| Aberdeen |
12.1 |
90,513 |
6.00 |
£31.00 |
£31.00 |
| Birmingham |
12.1 |
220,639 |
5.75 |
£28.50 |
£28.50 |
| Bristol |
10.9 |
70,310 |
6.00 |
£26.00 |
£27.50 |
| Cardiff |
12.0 |
170,303 |
6.25 |
£21.00 |
£21.00 |
| Edinburgh |
12.0 |
140,000 |
6.00 |
£27.00 |
£27.00 |
| Glasgow |
10.5 |
90,000 |
6.00 |
£27.00 |
£27.00 |
| Leeds |
10.0 |
115,973 |
6.25 |
£24.00 |
£25.00 |
| Liverpool |
17.4 |
130,000 |
6.75 |
£18.50 |
£18.50 |
| Manchester |
14.8 |
156,803 |
6.00 |
£29.00 |
£29.50 |
| Newcastle |
8.0 |
87,460 |
6.50 |
£22.00 |
£22.00 |
| Sheffield |
12.0 |
105,175 |
6.75 |
£20.00 |
£20.00 |