Bristol Offices Snapshot Q2 2020

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  • Despite the pandemic lockdown, Bristol’s city centre office take up reached the half way point of 2020 ahead of last year and only 4% below the 5 year average.
  • Bolstered by an exceptional start to the year and low vacancy rates, rents have maintained their pre-covid levels.
  • As expected, the number of requirements nose-dived in April, only to bounce back up in May. Mostly driven by the smaller end of the market with lease events looming.
  • Only one significant investment transaction took place in Q2, however momentum has been increasing, as the lockdown eased.

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Bristol Offices Snapshot Q2 2020

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Related Experts

James Preece

Director

Bristol

I am a Director in the National Offices team based in Bristol and have over 17 years experience.

 

Having joined Colliers International in August 2008 my role has included numerous disposals and acquisitions in the South West for a myriad of clients, from large funds such as Aviva to private individuals.

 

I previously worked for Bidwells Business Space Agency team in Cambridge (2003 -2008) where I specialised in office and research & development disposals and acquisitions.

 

My career commenced in 1999 with Chesterton International Plc in London. After qualifying as a member of the Royal Institution of Chartered Surveyors in 2001, I remained in the City office agency team.

 

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Guy Grantham

Director of Research and Forecasting

London - West End

Guy has been a property research professional for 23 years and gained extensive knowledge of the UK and Global property markets. He has worked closely with a wide variety of major developers, landlords and occupiers in a consultancy capacity. Instrumental in supporting Hines' purchase of Brindleyplace for £200m, on which Colliers advised. He is now specialising in the London Office market using his extensive knowledge and experience to provide market leading insight into current occupier, investment and development trends.

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