Summary and analysis of Edinburgh's current office real estate market conditions.
Insight
Edinburgh Office Market Dynamics, Q1 2025
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Leasing activity moderated, with no deals signed over 10,000 sq.ft.
While the vacancy rate increased marginally, there is no speculative space under construction, and with no imminent starts, there will be a diminishing supply of good quality space as the year progresses.
Prime rents remained stable over the quarter at £46.00 per sq.ft.