Liverpool city centre office take-up jumped by 22 per cent last year to 316,964 sq ft according to three industry groups.
Liverpool Vision, Professional Liverpool and the business improvement district (BID) have released figures showing that there were 108 transactions in total.
This was the highest level of activity in a decade, and double the number of transactions in 2012. The majority of those completed were for office suites measuring less than 1,000 sq ft.
Only four transactions were completed for spaces of over 20,000 sq ft. The largest was law firm Hampson Hughes’ acquisition of 68,000 sq ft at Albert Dock.
Professional services accounted for close to half of the space let in the city centre. The growing creative and media sector represented 21 per cent of take-up in the wider city and 10 per cent in the centre.
Demand in the shipping and distribution sector was not as healthy leading to a fall in take-up from 111,503 sq ft to 46,133 sq ft..
The public sector only accounted for 11 per cent of the space let in Liverpool’s central business district.
Across the Liverpool City Region, which includes the city fringe as well as the out-of-town market, take-up was down very slightly to 534,100 sq ft from 534, 730 sq ft.
