Office take up in Q1 2026, in the central Birmingham office market, totalled 106,724 sq ft in 24 deals, according to figures compiled by Birmingham Office Market Forum.
Previous Q1 figures were as follows:
| 2025 | 72,512 sq ft | 18 deals |
| 2024 | 203,385 sq ft | 20 deals |
| 2023 | 153,550 sq ft | 18 deals |
| 2022 | 175,261 sq ft | 32 deals |
| 2021 | 49,837 sq ft | 20 deals |
2026 has seen a solid start to the year with total take up and number of deals is broadly in line with the 5 year average. Eversheds’ commitment to the last vacant space at Paradise, setting a new headline rent for the city, is a huge positive and reaffirms tenants’ desire to occupy best in class office accommodation. Brindleyplace attracted three new occupiers, one of which relocated from outside the city core.
Looking forward, the outlook for 2026 remains positive with a good number of new occupier requirements against a background of rental growth, reducing availability and a healthy pipeline of high quality refurbishment projects.
The latest report was compiled for Birmingham Office Market Forum by Jonathan Ottewell, Associate Director, Office Agency, Savills, Birmingham.
The Birmingham Office Market Forum was established in 2007 to present a co-ordinated voice to investors, developers and occupiers about Birmingham’s city centre office market. The Forum brings together the city’s leading office agents and WMGC.
For a list of member firms or further information visit the website www.birminghamofficemarket.co.uk
