Manchester Office Market Dynamics, Q1 2026

Manchester's office market recorded 286,200 sq.ft. of take-up in Q1 2026, with the Government Property Agency representing the largest transaction of the quarter (114,967 sq.ft.).

Total vacancy stood at 10.9% at the end of Q1, with a Grade A vacancy of 5.1% and new build vacancy at just 1.9%.

Prime city centre rents were stable at £45.00 per sq.ft. during Q1.