Summary and analysis of Glasgow's current office real estate market conditions.
Insight
Glasgow Office Market Dynamics, Q2 2025
Take-up reached 244,000 sq.ft, 15% higher than the equivalent period in H1 2024.
Prime rents were unchanged at £41.50 per sq.ft. during Q2, reflecting annual growth of 5.1%.
Supply continued to edge downwards, with the Grade A vacancy rate moving below 2% for the first time since end of 2022.