
Spotlight: Savills Prime Office Costs – Q3 2022
Contains 2 articles"Rising costs remain and green shoots appear"
Tagged Articles

"Rising costs remain and green shoots appear"

"Ongoing uncertainty remains a key driver of office market pricing"

"Edinburgh office market roundup"

"Tenant-controlled space reaches a three-year low as supply continues to reduce"

"Leasing activity remained strong, with occupier demand for best-in-class space continuing to drive transactions despite economic headwinds"

"Development completions are currently set to hit a record level during 2023, though this will likely be tempered with increased pressure on project timescales"

"Wider macro trends keep pressure on costs"

"Inflation of additional costs is becoming a key factor for firms looking to take prime office space while hybrid working continues to change the world of work"

"Rising construction costs begin to squeeze developer margins amid occupier shift to more sustainable office space"

"The global reputation of Oxford has increased even further during the past 18 months. A driver of this is the significant capital raised by Oxfordshire-headquartered companies. This ensures that occupational demand will increase in the short-to-medium term"