Regional office markets see strong growth in 2024

The UK’s key regional office markets saw a resurgence in 2024, with leasing activity rising across four of the UK5 cities. This momentum fuelled record rental growth, renewed market confidence, and a return of larger transactions, with new sectors driving demand.

Despite increasing prime rents, occupiers continue to seek best-in-class spaces, pushing Grade A supply to its limits. Meanwhile, flexible workspaces remain in high demand, reflecting shifting workplace strategies. With availability tightening in key cities, businesses must act fast to secure premium office space.

Read the full report for deeper insights into the UK5 office market trends.