Leeds Office Market Dynamics, Q4 2025

Leeds city centre take-up was in line with the both the five and 10-year annual averages in 2025.

Total supply reduced over the quarter, and with a muted speculative development pipeline, pre-letting may be the primary route for occupiers seeking larger floorplates.

Headline prime rents increased by 17.9% year-on-year and stand at £46.00 per sq.ft. with further growth forecast in 2026.