ROMP: Prime Rent Commercial Property
Regional Office Market Presentation
Prime Office Rents (£ per sq ft)
|
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
Q1 2010 |
2010 (f) |
| Aberdeen |
19.00 |
18.00 |
19.00 |
20.00 |
21.50 |
24.50 |
30.00 |
30.00 |
30.00 |
30.00 |
| Birmingham |
27.00 |
27.50 |
27.50 |
27.50 |
30.00 |
32.50 |
33.50 |
27.00 |
27.00 |
27.00 |
| Bristol |
23.50 |
23.50 |
24.00 |
24.50 |
26.00 |
27.50 |
27.50 |
26.00 |
27.50 |
27.50 |
| Cardiff |
18.50 |
18.50 |
18.50 |
18.50 |
18.50 |
20.00 |
20.00 |
21.00 |
21.00 |
21.00 |
| Edinburgh |
27.00 |
27.00 |
27.50 |
27.50 |
27.50 |
28.50 |
29.00 |
28.50 |
28.00 |
28.00 |
| Glasgow |
23.00 |
23.00 |
23.00 |
24.00 |
26.00 |
27.50 |
28.50 |
28.50 |
28.50 |
26.50 |
| Leeds |
21.50 |
22.00 |
22.50 |
23.00 |
25.00 |
26.00 |
27.00 |
27.00 |
24.50 |
24.00 |
| Liverpool |
16.00 |
16.00 |
16.50 |
18.50 |
20.00 |
22.00 |
22.00 |
20.00 |
20.00 |
20.50 |
| Manchester |
23.75 |
24.50 |
26.00 |
28.00 |
29.00 |
32.00 |
32.00 |
28.50 |
28.00 |
29.00 |
| Newcastle |
19.50 |
19.50 |
19.50 |
20.00 |
22.00 |
22.00 |
23.00 |
23.00 |
23.00 |
23.00 |
| Sheffield |
14.00 |
15.00 |
16.00 |
18.00 |
18.50 |
18.50 |
18.50 |
18.00 |
18.00 |
18.00 |
All data shown is as at year end except
where stated.
Source: Knight Frank LLP
For further information, please contact Claire Higgins