Supply of grade-A space slipped to a 21-year low in January. Property Week reports on a market that has arguably become a victim of its own success.
It is, by any measure, a success story. But when it comes to its commercial property market, Bristol could be becoming a victim of its own success.
In January this year, supply of grade-A office space in Bristol city centre slipped to a 21-year low. And while there are three schemes of more than 200,000 sq ft of grade-A space set to come on to the market over the next two to three years if developers’ plans come to fruition, the supply/demand imbalance is acute and is likely to remain so for the foreseeable future.
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