Commenting ahead of the Chancellor’s Autumn Statement today, Jeremy Richards, head of the Bristol office at Jones Lang LaSalle, said: “Demand for business space is growing in Bristol.
“The Government needs to help support the flow of funding to developers so that they can start building the new workplaces that we are likely to need as the economy starts growing – the needs of growth companies may be quite different to those in the past. Development has been very restrained over recent years, in line with the economy, but it is clear that companies have needs but have been waiting for signs of improvement elsewhere.
“Now that is occurring, we could well see a sudden spike in demand. Without sufficient supply in place, that could lead to real problems for businesses that want to expand.”