Central Birmingham office market take up figures for Quarter 2, 2023

The latest report was compiled for Birmingham Office Market Forum by Jonathan Carmalt, Director, Office Agency, JLL.

Office take up in quarter two, 2023 in the central Birmingham office market totalled 177,665 sq ft in 36 deals, according to figures compiled by Birmingham Office Market Forum.

When added to the 18 deals totalling 153,550 sq ft recorded in quarter one, the half year to date totals 331,215 sq ft in 54 deals.

This represents a reasonable first half of the year, with encouragement taken from the total number of deals completed, which represents the most seen in a H1 period since before the pandemic.

The occupier mix is also varied with strong representation from the Flex/Serviced and Education sectors. The quarter also saw the comprehensively refurbished 10 Brindleyplace reach practical completion, delivering further occupier choice to the market.

Preceding H1 figures comprise:

2022: 117,599 sq ft, 28 deals
2021: 253,336 sq ft, 44 deals
2020: 400,459 sq ft, 21 deals
2019: 514,579 sq ft, 55 deals