Of the total 83,032 sq ft of take-up for Q4 2014, 39,312 sq ft (equating to approximately 47%) accounted for transactions over 5,000 sq ft.
The total take-up for Q4 2014 has seen a 31% increase compared to the same period Q4 in 2013, up from 63,164 sq ft to 83,032 sq ft.
Take-up for Q4 2014 is up by 27% on the previous quarter Q3 2014, rising from 65,405 sq ft to 83,032 sq ft with both the city centre and out of town markets seeing notable increases.
Enquiry levels continue to increase with a significant rise in requirements for over 10,000 sq ft – the majority of which are for city centre space - which bodes well for 2015.
Demand for out of town freehold premises, mainly modern pavilion style office buildings with ample car parking, remains strong.