A research produced by DTZ
Occupier sentiment has much improved, with city centre transaction volumes far greater in 2014 than the previous 12 months. This is largely down to the significant uptake of grade A office space, totalling 101,000 sq ft in the second half of the year.
The volume of grade A take-up increased as speculative space, due to be delivered in 2015 and 2016, was marketed and pre-let. Notably Blake-Morgan pre-let 28,000 sq ft on the top two floors of One Central Square. Finance Wales also took 22,000 sq ft over the top three floors at 1 Capital Quarter.