Research

Manchester Office Market Dynamics, Q2 2024

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

August 06, 2024

Contributors:

Elaine Rossall
Vicky Heath
Barrie David

Over 322,000 sq ft of space was taken signed in Q2, which was significantly ahead of Q1 volumes. H1 leasing volume were the highest since the pandemic and were amongst the highest H1 volumes during the last 10 years.

The flex sector emerged strongly, with three deals in excess of 25,000 sq ft signed to operators.

Supply declined, on the back of stronger leasing and no new development deliveries this quarter.

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