New report states that UK office space demand is still dogged by market uncertainty
Lonon was the only city in the UK to record a positive rental growth in the last quarter and areas such as Birmingham have remained stable by showing no change in growth. This is according to a report written by CB Richard Ellis, who showed that Edinburgh,
Manchester and
Glasgow also showed no increase.
Birmingham and Manchester are currently offering the lowest price for industrial property rents at £5.50 per square foot according to the report. At the opposite end of the spectrum, Heathrow in London is the most expensive with its rents being over double at £12.50 per square foot.