Research
Cardiff Office Market Dynamics, Q3 2024
Summary and analysis of Cardiff's current office real estate market conditions.
November 21, 2024
Contributors:
- Elaine Rossall
- Vicky Heath
- Barrie David
Almost 103.000 sq.ft. was leased, which was the highest quarter since Q4 2022.
YTD leasing volumes have already surpassed full year activity for 2023.
The vacancy rate fell back by 80 bps to 8.4%. There is no new build space available in the City.