Bristol Office Market Dynamics, Q1 2026

Take-up reached 160,400 sq.ft. in Q1 2026, reflecting steady occupier demand in a market characterised by constrained supply anda limited development pipeline.

Prime rent increased in Q1 to £52.00 per sq.ft. and will face further pressure over the remainder of the year due to the limited availability of high-quality space.

Overall vacancy was largely unchanged over the quarter at 5.0%, although Grade A vacancy edged down in Q1 2026, to 2.8% from 3.0% in Q4 2025.