Summary and analysis of Manchester's current office real estate market conditions.
Insight
21 May 2025
Manchester Office Market Dynamics, Q1 2025
Your browser doesn't support speech synthesis.
Listen to article •
Read time: 1 sec
Strong leasing activity was evident in Q1, with 320,000 sq.ft. of space taken-up which was 22% above the five-year quarterly average.
The 130,000 sq.ft. prelet to Trader Media (Autotrader) was the largest deal to sign across the Big 6 in Q1.
Overall supply is anticipated to have peaked in Q1 at 9.2%, following an increase in secondhand space.