Office take up in quarter three, 2022 in the central Birmingham office market totalled 189,492 sq ft in 28 deals, according to figures compiled by Birmingham Office Market Forum.
When added to the 60 deals totalling 292,860 sq ft recorded in the first half, the year to date totals 482,352 sq ft in 88 deals.
The total take-up at this stage of the year remains consistent with both 2020 and 2021.
However the number of deals are now back to the levels seen pre-pandemic in 2018 and 2019. The standout transaction was the inward investment letting to Goldman Sachs, a major boost to Birmingham with undoubted spin offs to come.
Preceding figures as at Q3 comprise:
2021; 496,237 sq ft, 63 deals
2020; 480,412 sq ft, 37 deals
2019; 675,172 sq ft, 90 deals
2018; 477,347 sq ft, 81 deals
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
