
Market in Minutes: Glasgow Offices
"Although take-up remained limited throughout Q1, the amount of office space currently under offer and the volume of requirements in the market present strong prospects for the remainder of 2021"
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"Although take-up remained limited throughout Q1, the amount of office space currently under offer and the volume of requirements in the market present strong prospects for the remainder of 2021"

"Activity rebounded in the first quarter of 2021"
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"While average rents continue to correct, the overall adjustment has started to slow. Although rents in poorly located and ageing buildings are expected to deteriorate further dragging down the market overall, certain wards and submarkets are expected to hold up well."
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"This report covers current office economic metrics plus recent sales data and comparisons of market indicators including rents, investment yields and capital values nationally."

"West End volumes set to increase following muted Q1"

"City supply continues to rise; however, Boris Johnson’s road map provides increased confidence"

"February sees viewings rise fast and take-up increasing, whilst tenant supply rises steadily"

"Yields remain static although sentiment improving"

"The new year sees subdued levels of take-up, but a renewed optimism for the year ahead"
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"Low vacancy levels persist. Asking rents of several office buildings actually rose amid the pandemic as low vacancy strengthened landlord confidence"