January, 2014
Property News

Leeds office take-up highest figures for over 15 years

by Julia Ford

New data released has revealed office take-up in Leeds in 2013 reached it’s best figures in over 15 years, providing further evidence of the recovery in regional leasing markets as economic conditions improve.

According to office market data compiled by Leeds Office Agents’ Forum (LOAF), 2013 occupier take-up in the city centre reached a full year total of 794,043 sq ft. This was the largest transactional volume for 15 years and a 96% increase compared with 2012 (405,951 sq ft). Out-of-town activity reached 491,082 sq ft, a 44% increase on the previous year (340,374 sq ft).

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Source: The Business Desk