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ROMP: 2008 Commercial Property

Regional Office Market Presentation

  2008
Vacancy
Rate (%)
2008
Take-up
(sq ft)
2008
Prime Yield
(%)
2007
Prime Rent
(£psf)
2008
Prime Rent
(£psf)
Aberdeen 16.0 505,000 7.25 24.50 30.00
Birmingham 11.2 959,300 6.75 33.50 30.00
Bristol 6.6 608,600 7.00 27.50 27.50
Cardiff 8.0 425,000 7.25 20.00 20.00
Edinburgh 10.5 625,000 7.00 28.50 29.00
Glasgow 9.3 375,000 7.00 27.50 28.50
Leeds 6.5 450,000 7.00 26.00 27.00
Liverpool 17.0 265,000 7.25 22.00 22.00
Manchester 13.0 1,100,000 7.00 32.00 32.00
Newcastle 4.8 881,000 7.00 22.00 23.00
Sheffield 11.0 350,000 7.25 18.50 18.50

To see full table for a different year click on a year below:

2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009

To see a comparative graph: click on a variable

All data shown is as at year end.

Source: Knight Frank

For further information, please contact Claire Higgins

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