High Demand for Prime Spaces: Manchester remains a vibrant business hub with a strong demand for Grade A office spaces, particularly in areas like Spinningfields and St. Peter’s Square. The city’s office market is expected to see rental growth, with forecasts predicting an increase to £46.50 per sq ft by 2027.
 
Office Refurbishment and Redevelopment: There’s a focus on refurbishing existing office spaces to meet new business requirements, emphasizing flexibility, modern design, and technology integration. This is part of adapting to post-pandemic work trends where office spaces must support both collaboration and individual work.
 
Satellite and Co-working Spaces: Manchester’s office space market is witnessing growth in co-working and flexible office solutions, appealing to both startups and established businesses looking for scalable office environments.
 
Hybrid Work Models: The adoption of hybrid work is shaping office designs in Manchester, with spaces now incorporating areas for both teamwork and quiet, focused work. This includes adaptable layouts with movable furniture and technology to facilitate seamless transitions between remote and in-office work.
 
Investment and Development: Significant office developments are underway or planned, with a considerable amount of space already pre-let, indicating strong investor and tenant interest. This includes large projects like The Island and 3 Circle Square, contributing to the city’s commercial landscape.