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Business space rents now ‘rising fast’

Strong property demand in the region
By Sarah Pearce,

Headline rents for new business space across the South West have risen to record levels as post-pandemic demand for business space continues, reveals Alder King in its latest Market Monitor report.

Increases in office and industrial rents have in part been driven by construction cost inflation but primarily reflect the high level of demand and constrained supply in many of the region’s main commercial centres.

The largest increases were seen in Bristol but Gloucester, Swindon and Taunton also recorded substantial office rental growth.

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