Research

Glasgow Office Market Dynamics, Q3 2024

Summary and analysis of Glasgow's current office real estate market conditions.

November 21, 2024

Contributors:

Elaine Rossall
Vicky Heath
Barrie David

Take-up was steady in Q3, with just over 102,700 sq.ft. leased.

While overall vacancy increased, the flight to quality has seen the new build vacancy remain at just 0.4% in Q3.

The development pipeline is constrained and dominated by refurbished schemes.

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