The rising pull of Birmingham

A recent report from property consultant Knight Frank on Birmingham’s office market highlighted a rise in office deals in 2013 which has seen nearly 514,000 sq ft transacted in the city this year, already overtaking Birmingham office take-up for the whole of 2012, with one quarter to go.

Large lettings in Q3 include deals to Deutsche Bank, Allianz Insurance, DAC Beachcroft, i2 offices and Dains

Birm

Looking ahead, Metropolis is monitoring some 25 live office requirements in Birmingham, with a further 40 office tenants making decisions on 2014 lease expiries soon.

Some of the tenants may be tempted by new space in the Birmingham pipeline at 158 Edmund Street (150,000 sq ft), 2 Cornwall Street (263,000 sq ft) 45 Stephenson Street (100,000 sq ft), One Trinity Park (50,000 sq ft) and 55 Colmore Row (153,000 sq ft).

 

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