2024-05-17-莱坊-UK_Cities_Bristol_Q1_2024_1页_312kb

这里是Bristol Office Market Q1 2024的分析总结：

Bristol Office Market Q1 2024 Summary

• Occupational Investment: Significant investment activity recorded, with 200,000 sq ft taken up, and another 508,419 sq ft under construction for completion between 2024-2026.
• Demand & Supply:
  • Take-up: 126,979 sq ft were let this quarter.
  • Demand: Professional Services is the most active sector in terms of demand.
  • Supply: Grade A vacancy rate stood at 7.5%.
  • Investment Activity: The quarter saw +119% investment volumes compared to the 10-year average.
  • Prime Deals:
    • 5 prime city centre deals occurred.
    • One notable transaction was DAC Beachcroft for 44,196 sq ft at £69.75m.
• Price & Yield:
  • Prime Investor Types: Institutional investors (41%) and UK investors (6%) have the highest share in prime property ownership (£46.00/psf rental value, 6.50% yield Q4 2023).
  • Investor Trends: Private investors (-5pp from Q4 2023) and Overseas investors (+3pp from Q4 2023) also constitute a part of the ownership.
  • Prime Rent: Rents averaged £46.00 per square foot.
  • End 2024 Forecasted Rent: £48.50.
  • Quarterly Forecasted Prime Yield: 6.75%.
• Market Outlook: The market continues to show activity, with predicted trends for the year and upcoming quarters.