The demand doesn't seem to be slowing up in Leeds, if anything its increasing. More plans for new developments are being announced almost daily alongside all of the refurb work for both retail and general office space and its nice to see the amount of pre-lets
Continued demand for office space in Leeds has led to rents for refurbished space rising to £26 per sq ft (£280 per sq m) - only £1 lower than those for new build Grade A offices - according to new research from Savills. Rents for new build Grade A space in Leeds currently stand at £27 per sq ft (£291 per sq m), with average rents across all offices in the city rising 4% in 2015. This has been driven by demand from companies looking to capitalise on relatively low property and living costs. Savills reports that, in response to demand, Leeds has seen the second highest volume of new development starts in the UK regions.