New office space in Liverpool
Liverpool has 35% of all the current office development underway in the UK, says a report from GVA Grimley. The Liverpool Daily Post reports that around 500,000 sq ft of Grade A or high-quality refurbished office space in Liverpool is under construction.
The latest regional city centre office markets report from GVA Grimley claims that, over the next three years, 775,000 sq ft will become available across a number of new-build or refurbishment schemes, the paper notes.
In contrast to most of the other key regional centres in the report, Grade A availability in Liverpool decreased during 2009, with a fall of 13% in immediately available space over the year, to 379,000 sq ft.
Key schemes currently available include UK Land and Pochin’s Walker House, Rumford Investments’ 20 Chapel Street and Standard Life’s 5 St Paul’s Square, the paper says.
