City Tipped to Enjoy Top-Level Office Rents

Summary


Birmingham is set to benefit from the highest rental growth in the city centre office market of any regional city over the next five years, according to a comprehensive new report from Knight Frank.

Knight Frank forecasters yesterdaypredicted that Birmingham's rental growth will increase to 3.9 per cent per annum, equating to a prime rental value of pounds 34.50 per square foot (psf) in 2009.

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Extract


City Tipped to Enjoy Top-Level Office Rents

The firm's Birmingham and M42 report also highlights the city centre's need for speculative development to ensure the continued uplift in rent...

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