Appleyard & Trew LLP’s Post

Good scoop here from Vish Gain

Here’s what’s been going on in Manchester’s property market 👇 ☀️ It’s tough out there at the moment however there is still opportunity and positivity in the market 🏙️ Manchester's office market continues to be resilient, with notable transactions and expansions across the city: 🤝 SafetyCulture, a global technology company, has expanded into a new 10,000 sq ft Manchester office at the iconic former 19th-century bank, Bond, with plans to accommodate over 100 team members as the company grows. 🏢 Schroders' Nick Montgomery sees opportunities in repositioning older, Grade B buildings to meet the demand for quality space, and is optimistic about the health of the real estate market, citing factors such as falling interest rates, controlled inflation, and regional growth in cities like Manchester. 💥Carter Jonas has launched a new office in Manchester, led by Harry Bolton and Matt Lee, as part of its expansion strategy in the North West, aiming to drive growth in Greater Manchester and the wider region with a multi-disciplinary property service team. 📊 Despite a slight decline in floorspace let year-on-year, Manchester's office market remains resilient, with a total of 50 deals completed in Q1 2024, according to analysis by the Manchester Office Agency Forum (MOAF). 💪🏼 Koba , known for creating premium, sustainable workplaces, is launching its first 30,000 sq ft UK venture at 100 Barbirolli Square, while Gilbanks has become the third tenant at No1 St Michael's, taking 34,000 sq ft across a floor and a half. 👉Manchester's neglected Lower Campfield Market is getting a £17.5m glow-up thanks to the government's 'Levelling Up' scheme, set to become a contemporary hub for growing media, creative, and tech firms. Stay tuned for more updates on Manchester's dynamic office market! ✉️ #Workspace #Manchester

New Report | Dublin Office Market Q3 2024   CBRE Ireland have released the Q3 Dublin Office Market overview. The key takeaways from the report include:    ⬆ Q3 saw a continued rebound in leasing activity in the Dublin office market.   ✅ Take-up in the last two quarters combined has outstripped the entire year of activity in 2023. 🏢 The strong level of reserved stock and demand requirements are also encouraging, and sentiment is arguably its most positive since prior to the pandemic. 🛑 The market is not without its challenges however. The overhang of vacant and redundant stock remains. 📑 Dublin office take-up totalled 55,150 sq m in Q3, bringing year-to-date take-up to 159,430 sq m.   📈 Full-year take-up will likely surpass 185,800 sq m.   Read the full report here: https://lnkd.in/dPm-MvxP Colin Richardson | Emer Geissel | Niall Little | Alan Moran | Daniel Shannon | Paddy Conlon | Deirdre Carr | Sam Daunt | Melanie Bevan 

Atlanta's Midtown office submarket has transformed into three distinct “micromarkets". It's worth noting that West Midtown's "eatertainment" district is booming while Midtown Proper's industry concentration north of 10th Street is 87% Professional & Business Services tenants. Take a deeper dive into each micromarket in our new JLL Research report: https://lnkd.in/eyAKK7YT

Amidst the ongoing macroeconomic challenges, there have been notable shifts in the office market, with both tenants and landlords reconsidering their space requirements. The demand for lease flexibility and flexible workspace has been on the rise, especially among occupiers who are hesitant to make long-term commitments, leading to an increase in fitted space. In Manchester, the popularity of fitted space has been steadily increasing, attracting businesses beyond just start-ups and scale-ups. In 2022, fitted space accounted for 10.82% of total take up, but by the following year, it had risen significantly to 18.62%. Additionally, there was an 18% surge in completed fitted and furnished deals in 2023 compared to the previous year, along with a notable 14% increase in the average deal size. Learn more:

The Bristol office market ended 2024 on a high, showcasing its position as a standout regional hub. With headline city centre rents reaching a record-breaking £48 per square foot, the highest among the UK’s six key cities, Bristol continues to attract top-tier businesses. Major deals, such as BLOCK’s move to The Fairfax and AECOM’s new space at 3 Rivergate, underline the city’s appeal as a vibrant and dynamic office destination. While demand remains strong and supply tight, 2025 promises exciting opportunities with significant new transactions set to raise the bar even further, particularly in the out-of-town market. Bristol is thriving, pushing boundaries in office innovation and setting new benchmarks across the UK. https://lnkd.in/gckXsZv9

Network expands Brisbane presence with 2 new offices: The addition of offices in Gumdale and Graceville will further strengthen Place One Group's footprint, supporting its mission to service Brisbane's markets “from the west to the water”. https://bit.ly/4fUVkGl

As a writer, it’s always fascinating to immerse yourself in an industry or sector (anyone else find themselves with random pockets of knowledge that they recite to friends / family willing to listen? 😅). In the case of the commercial property markets in both Solihull and Birmingham, I’m enjoying looking at data to establish trends over time, tell a story and understand what this means for the the local economies 👩🏼💻 Click the link below to read the full report for Solihull’s office market transactions in Q1⬇️ #commercialproperty #solihull #officemarket #copywritersunite

Why settle for the old when you can embrace the new? Modern offices are where collaboration, creativity, and comfort come together. 📍West Avenue - Aundh Step into a space that inspires, attracts top talent, and reflects your brand’s best! #ravirajrealty #commercialrealestate #officespace #ModernOffice #commercialproperty #realestate

We are excited about the opening of our new North London office to support our rapid growth!  Learn more about our latest milestone and future plans in the article published by #LondonNewsDesk https://lnkd.in/e5cP9FXT #UsedKitchenHub #CompanyGrowth #NewOfficeOpening #BusinessExpansion #LondonNews