Market Insight

Thames Valley Office Market – It’s not just about supply and demand

October 4, 2017

This info-graphic about the Thames Valley office market created many talking points at the recent Thames Valley Property Forum.

The visual focuses on trends and influences affecting Landlords and Occupier’s respective decisions around development, investment and occupation of premises which has traditionally been framed on a simple ‘supply & demand’ basis.

However, recruitment and retention, smart cities, connectivity, transport links and the potential “Push/Pull” effect of the Elizabeth Line all come into the debate. There will be benefits for communication links, opening up a huge increase in available workforce from circa 2.6 m in the region to in excess of 6m people situated within a commutable distance. Will all of the impacts be positive for business, or might existing workforce prefer to work in the ‘Buzz’ of London? How do we locally make the public areas fit for purpose and deliver the retail & leisure experience that consumers now demand? These are just some of a huge range of pressures on land use across the region.

Charlie Nicholson will be happy to expand on these thoughts for any property issues you may be facing in the region.