Research

Glasgow Office Market Dynamics, Q2 2024

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

August 06, 2024

Contributors:

Elaine Rossall
Vicky Heath
Barrie David

Take-up was at its highest level since Q3 2021, with just over 126,400 sq. ft. leased.

While overall vacancy increased, the flight to quality has seen the new build vacancy decrease quarter on quarter

The development pipeline is constrained, and deliveries are anticipated to fall to zero in 2025.

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