Take-up during Q3 2017 totalled 454,825 sq ft. This is 49% higher than the five year quarterly average and takes the year to date total to 934,814 sq ft, just short of the five and ten-year average.
Total available supply at the end of the third quarter stood at 2.3 m sq ft. This represents a 7% decrease on the total availability from the same quarter in 2016 and is 6% below the five year average.
Second hand supply has fallen by 18% over the past 12 months.