Summary and analysis of Bristol's current office real estate market conditions.
Insight
21 May 2025
Bristol Office Market Dynamics, Q1 2025
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The market is characterized by a lack of speculative development underway across the market, with just over 89,000 sq. ft. is onsite in two schemes.
Refurbished space dominates supply, with a further 143,400 sq. ft. completed during Q1. As a result, total supply and the vacancy rate rose during the quarter.
Bristol was the most buoyant Big 6 market from an investment perspective, albeit activity was well below average at just under £29 million traded.