GKRE Market Report: Nottingham

Flexible Space Association member GKRE has published the latest in its series of reports on the flexible workspace market in towns and regions around the UK, this time focusing on Nottingham.

In his introduction to the report, GKRE Director Will Kinnear writes:

‘Supply of office space in the city centre is now at a record low and the expectation is that prime rents will rise to around £25psf (from their current level of £20psf) in the next couple of years.

This offers opportunities for flexible workspace operators. Most of the operators in Nottingham are independents, with only Regus, Citibase, Pure and BizSpace of the national operators having a presence in the city. Currently, while it is possible to find a variety of types of space (including private offices, co-working and lounge space), options for occupiers in terms of availability is relatively limited.’

You can download the report here.