Deals such as the Department for Work and Pensions' 170,000-square-foot prelet at the Reuben Brothers' 1 Pilgrim Place in Newcastle were indicative of the government's leasing power in the first quarter of the year, with the government and services industry dominating take-up across the regions.
Government and services sector dominates regional office deals in first quarter
Avison Young data shows the sector accounted for 25% of all lettings across the 'Big Nine'
By Luke Haynes
CoStar News
April 17, 2025 | 12:51 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Princes Exchange
Princes Sq, Leeds, WYK
- No.3 Circle Square
3 Oxford Rd, Manchester, GTM
- Companies
- Avison Young
Real Estate
- Contacts
- Paul Broad
Managing Director, Avison Young