Shortage of Office Stock Now Being Addressed ; Office Space the Last 12 Months Have Offered Mixed Fortunes for Birmingham's Office Development Sector. Commercial Property Editor Steve Pain Investigates

Summary

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Confidence is slowly but surely returning to Birmingham's development sector following a couple of slow years.

However, this year's annual Crane Survey by property consultants Drivers Jonas shows Birmingham's development has been something of a mixed bag.

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Extract

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Shortage of Office Stock Now Being Addressed ; Office Space the Last 12 Months Have Offered Mixed Fortunes for Birmingham's Office Development Sector. Commercial Property Editor Steve Pain Investigates

While residential schemes have continued apace, the high quality office developments that will fuel the city's continued renaissance have been too few on the ground.

Last year the Colmore Plaza scheme, being developed by Abstract Land for the Carlyle Group, stood alone as the only purely commer...

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