Q1 2018 has seen record breaking volumes of office take up with c. 270,310 sq. ft. transacting across 23 deals. Similarly to quarters 3 & 4 2017, take up by tech/digital and media occupiers continues to account for the lion’s share of activity, equalling 70% in Q1 2018. The emergence of these sectors as the dominant force in the market has been a real positive for Belfast.
270k sq ft
Highest quarterly office take up on record took place in Q1, 2018
£10 million of transactions during Q1, 2018
£150 psf za
Retail market dominated by CVA’s and restructuring.
1m+ sq ft
Notable transactions during Q1, 2018 in excess of 1,000,000 sq ft