Research

Manchester Office Market Dynamics, Q4 2024

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

February 21, 2025
Contributors:
  • Elaine Rossall
  • Vicky Heath
  • Barrie David

Annual leasing activity was the strongest since 2019, with 1.22 million sq.ft. transacted.

The 200,000 sq.ft. deal to Bank of New York Mellon was the largest in the Big 6 for four years.

Overall supply was unchanged over the quarter, with good quality space increasingly scarce.

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