Research
Bristol Office Market Dynamics, Q3 2024
Summary and analysis of Bristol's current office real estate market conditions.
November 11, 2024
Contributors:
- Elaine Rossall
- Vicky Heath
- Barrie David
Leasing activity decreased over the quarter, but YTD volumes remained 50% ahead of the equivalent period in 2023.
A lack of large deals impacted on overall leasing volumes, with just one transaction in excess of 10,000 sq.ft. signed in Q3.
There was a slight decrease in supply, but with high volumes of development due for delivery in the final quarter this is likely to be reversed by year end.