Edinburgh Office Market Dynamics, Q2 2025

Leasing activity was up quarter on quarter, H1 2025 take-up reached 241,500 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 at £46.00 per sq.ft. in Q2 but will remain under pressure over the remainder of the year.