Summary and analysis of Glasgow's current office real estate market conditions.
21 August 2026
Insight
21 August 2026
Glasgow Office Market Dynamics, Q2 2026
Categories:
Q2 2026 take-up reached 164,771 sq.ft., the strongest quarterly performance since Q3 2021, with the Home Office's commitment to 80,639 sq.ft. at 200 Broomielaw the standout transaction of both the quarter and year-to-date.
Overall vacancy tightened to 6.4% and Grade A vacancy to 1.9%, while new build supply remained at zero.
Prime rents held steady at £41.50 per sq.ft. unchanged year-on-year.