2026 UK Office Market Trends and Insights
Best In Class – Liquidity is improving as institutions selectively join French SCPI funds and HNWs to take advantage of 7%+ pricing. Further supported by the potential for medium term yield compression.
Brown to Green – MEES-focused refurbishment opportunities of well-located offices to become more attractive.
GRADE A – Continued demand for the best space is driving rents to new highs. Occupiers will have to look for pre-lets as supply diminishes.
Alternative Use/PDR – Secondary and tertiary stock to remain liquid where residential values justify conversion via PDR.
Long Income/Overseas – More overseas investors are targeting UK office opportunities driven by attractive levered returns and the perceived low point in the cycle.
