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Property Times

Leeds snapshot : Increase in pre-let requirements - Q2 2014

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Sentiment is on the rise now that the local economy is unambiguously in recovery. After a record-breaking volume of deals in 2013, city centre take-up returned to more typical levels in the first half of 2014. Of the 258,000 sq ft transacted, there was a range of all grades.

There has also been a range of active business sectors so far in 2014. TMT has had somewhat of a revival, notably demonstrated by Sticky Eyes’ 12,000 sq ft expansionary move to 100 Wellington Street in Q1. In an inward move, wealth management firm Ashcroft Rowan took 11,000 sq ft at 29 King Street in Q2.

Source : DTZ (Groupe UGL)

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Keywords : DTZ