Spike in demand puts Thames Valley at risk of office drought

Graph – Thames Valley supply (sq ft)

Lack of development constrains supply.

According to Insight, Savills’ in-house database, there are 7.1m sq ft of lease events in the next five years across the key Thames Valley towns of Reading, Slough, Maidenhead and Bracknell. This, coupled with current office supply of only 2.7m sq ft and 430,000 sq ft under construction, means that requirements are likely to far outweigh available space.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue