Spotlight: UK Regional Offices

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Summary

• Source: Savills
• Market: Office
• Date: May 2021

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Key take aways

• Regional Office Market Recovery
  Take-up has increased significantly since the second quarter of 2020
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• Prime yield remains static, with limited stock traded in Q1 2021 ‍
  Overseas investors were particularly active in the UK regions during the first quarter of 2021 – accounting for 58% of investment
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• Green with envy- The growth of sustainable office developments in the UK cities
  Awareness of the climate emergency is at an all-time high, but there is work to be done

• The future of the office looks bright ‍
  Following 15 months of remote working, the race back into the office is upon us

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View their full report here