
Market in Minutes: Birmingham Offices
"Take-up in Q1 was 23% up on the previous quarter, while supply remains limited"
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"Take-up in Q1 was 23% up on the previous quarter, while supply remains limited"
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"It was a burgeoning trend prior to the pandemic, but COVID-19 has made wellness and healthy buildings a core concern for real estate users."

"The blurriness stems from rather non-deterministic views offered by various industries regarding their attitude towards hybrid work. Hybrid work is one where some employees return to the workplace while others work-from-home (WFH) ."

"Activity rebounded in the first quarter of 2021"

"Q1 2021 City take-up the highest since first lockdown in March last year"

"A strong March sees Q1 take-up reach the highest level since lockdown began"
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"While average rents continue to correct, the overall adjustment has started to slow. Although rents in poorly located and ageing buildings are expected to deteriorate further dragging down the market overall, certain wards and submarkets are expected to hold up well."

"An increase in number of transactions as sentiment improves in anticipation of lockdown restrictions easing"

"West End volumes set to increase following muted Q1"
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"Many occupiers remain unclear what the future of their workplace looks like. "