Office take up in quarter three, 2020 in the central Birmingham office market totalled 79,953 sq ft in 16 deals, according to figures compiled by Birmingham Office Market Forum.
When added to the 21 deals totalling 400,459 sq ft recorded in the first half of the year, the year to date totals 480,412 sq ft in 37 deals.
Whilst transactions unsurprisingly remain below normal levels, it is encouraging to see an increase in activity during Q3 and some long-term commitments being made by the professional service sector in respect of high quality office accommodation in the city centre.
Birmingham Office Market Forum was established in 2007 to present a co-ordinated voice to investors, developers and occupiers about Birmingham’s city centre office market. The Forum brings together the city’s leading office agents and Business Birmingham.
For a list of member firms or further information visit their website