Colin McGhee’s Post

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Director at Savills

Glasgow has just six months’ worth of prime supply in the market, which is one of the lowest prime office supply levels in the Big 6 markets, based on average demand – so unsurprisingly, the choice for occupiers in the city centre remains critically low. The city is currently starved of well-located, high-quality offices that provide sustainable accommodation along with good wellness facilities for staff. Furthermore, occupiers are prepared to pay higher rents for better space, and with the weight of demand swaying towards ‘best in class’, this could lead to significant rental growth on refurbished stock.

Glasgow Office Spotlight – January 2024

Glasgow Office Spotlight – January 2024

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Chris Bowes

Planning Lawyer | Partner | CMS

9mo
Richard Duffy

Senior Solicitor at Blackadders

9mo

Interesting insights Colin. Much to see in the next year I think!

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