Thames Valley office market forecast
July 14, 2010
The Thames Valley office market has seen a pickup in leasing activity in the second quarter. Major lettings in the region in the past few weeks and the recent 1.1m sq ft office space placed under offer are indicators of the current market situation.
This shows that the market has seen a strong rebound, yet at the same time, the amount of space under offer has risen to the highest levels for the area in the past five years.
Bray Fox Smith believes that occupiers will remain cautious in the light of austerity measures that the current government is implementing and that there is expected to be a period of quieter trading.
