Spotlight on Bristol offices: Positive sentiment fuels 2025 leasing growth as vacancies reach high

Office vacancies in Bristol have been trending steadily upward since the beginning of 2020 and are now at almost 11%, the highest for more than 10 years and well above the pre-pandemic level of 3.3%, which was one of the lowest in the country. But optimism is growing that the vacancy peak is approaching, while a growing shortage of top-quality space supports prime rents.