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ROMP: Manchester Commercial Property

Regional Office Market Presentation

  Prime Yields (%) Prime Rents (£psf) Take-up
(000s sq ft)
Vacancy Rate (%)
2002 6.50 23.75 584 8.9
2003 6.25 24.50 827 14.0
2004 5.75 26.00 1,081 11.0
2005 5.75 28.00 900 9.9
2006 4.65 29.00 820 12.3
2007 5.25 32.00 933 10.0
2008 7.00 32.00 1,100 13.0
2009 5.75 28.50 809 14.0
Q1 2010 5.75 28.00    
2010 (f)   29.00    

To see comparative graphs: click on a variable

All data shown is as at year end except where stated.
*Our prime yield assumes a rack rented Grade A building fully let to a good private sector covenant with a minimum of 15 years' secure income.

Source: Knight Frank

For further information, please contact Claire Higgins