COLLIERS CRE LEEDS NET STOCK ABSORPTION PAPER SPRING 2008

Published: March 2008
Source/Company: Colliers CRE

Abstract:
Key points from the latest report include:

• Net Stock Absorption of offices in Leeds was 171,550 sq ft for 2007 as a whole.

• Positive absorption during 2007 was driven wholly by the Southern Gateway (LS11) submarket. Total absorption for 2007 in that location was over 277,000 sq ft.

• Prime headline rents have risen to £26.00 psf. Pre-letting activity in the City Core during 2008 should help to raise headline rents.

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