Birmingham's prime office stock has hit a four year low. So says the latest research from Colliers International.
In the recent launch of its latest Net Stock Absorption Survey, the agent said that grade A vacancy rates in Birmingham's city core hover at just 6% - the lowest they have been since 2007.
Alex Tross, associate director at Colliers warns that there is only two years standing stock available. He talks here about the issues facing the UK's second city's office market, and warns that in 2013 there will be a tipping point where demand will outstrip supply, which could result in the city missing out on inward investors as potential occupiers look elsewhere.
Click on the link below to watch the interview...
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