Office vacancies across the country continued to climb in 2024 as another wave of new office completions arrived and aggregate demand losses accelerated, as measured by net absorption or the change in occupied stock. But in a highly polarised market, there were pockets of outperformance, with prime rents rising in some locations thanks to a growing shortage of amenity-rich, top-quality offices and a receding construction pipeline.
The big UK office round-up: How was 2024 for your market?
CoStar’s analysts assess how London and the key regional office markets have performed during another challenging year
CoStar Analytics
December 23, 2024 | 2:15 P.M.
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IN THIS ARTICLE
- Properties
- Noma
4 Angel Sq, Manchester, GTM
- No.1 St Michael's
36 Jacksons Row, Manchester, GTM
- Three Snowhill
Snow Hill Queensway, Birmingham, WMD
- New Clarendon
114 George St, Edinburgh, EDH
- Waverley Gate
2 Waterloo Pl, Edinburgh, EDH
- EQ
Temple Meads, Bristol, BST
- 1 Wellington Place
1 Wellington Pl, Leeds, WYK
- Bridgewater Place
Water Ln, Leeds, WYK
- Central Square
29 Wellington St, Leeds, WYK
- ONE Station Hill
Station Hill, Reading, BKS
- Tempo
20 Grenfell Rd, Maidenhead, BKS
- 1000 Discovery Drive
Dame Mary Archer Way, Cambridge, CAM