Markets

Lack of space drives up office rents in Bristol city centre

By Mia Hunt2018-10-18T16:25:00

Aurora development, Finzels Reach, Bristol

Prime headline rents hit £34.50/sq ft in first nine months of the year.

In the final quarter of 2017, prime headline rents jumped from £31/sq ft to £32.50/sq ft, a figure that was exceeded in Q3 this year following Amdaris’ lease of a self-contained suite in Aurora at £34.50/sq ft.

And according to Peter Musgrove, director and Bristol head of office at LSH, rents look set to increase further over the next 18 months.

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