Office and industrial demand sees developer interest rise in Yorkshire

The Yorkshire and Humberside region has performed in-line with national averages in the office and industrial sectors – with current rates of demand giving 3.2 and 2.9 years’ worth of currently-marketed stock, according to figures from Radius Data Exchange. Only two regions have more industrial space currently under-offer than Yorkshire, and so including that space which is due to imminently transact within the industrial analysis would, in fact, put the region slightly ahead of the national average. Leeds is the anchor for Yorkshire’s office market – and occupier activity has been strong in the city over the last year –