2023-07-25-莱坊-UK_Cities_Sheffield_Q2_2023_1页_242kb

Sheffield Office Market Q2 2023 overview: Reports on activity in the UK regional office markets through quarterly dashboards.

Key indicators: High occupational investment and take-up of office space; current vacancy rate at 6.5% for Grade A properties.

Trends: Sustained demand but sector-specific declines, such as -86% in yield for professional sectors; low yields indicate markets potentially undervalued.

Forecast: Prime rent expected to rise to £30 per sq ft by end of 2023; future investment for completions between 2023 and 2025 shows anticipated market recovery.

Transactions: Notable sale of Pennine Five building for £2.05 million to Regus/Spaces, impacting activity and supply dynamics.