Signs of Manchester office market recovery
April 21st, 2010 by Jurga Galvan
A new report from commercial real estate information company CoStar shows that the Manchester city office market saw a 131,394 square feet take-up in Q1 of 2010.
This is 2.5 times more that the take-up recorded in Q4 of 2009, however, it’s 23% down compared to the first quarter of 2009.
According to the stats report, Manchester is gradually getting back in shape. But with 4.1 million square feet still available in the city centre, the recovery is slow.