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Record year for Birmingham office take-up

Total office take-up in Birmingham in 2017 broke through the 1m sq ft mark, according to the Birmingham office market forum.

Year-end total take up amounted to 1,005,072 sq ft across 130 deals, a 45% increase on the 692,729 sq ft transacted in 2016.

The BOMF said take-up had been boosted by HS2-related demand and the government’s prelet at Arena Central. Alongside this, larger transactions were concluded in the professional services and serviced office sectors.

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