This Statistic shows the average cost of grade A and grade B office rents in the Midlands in England (United Kingdom) per square foot.
In the Midlands, prime rents for office space fluctuate depending on their location. In 2019, the cost of grade A office property in Birmingham was 34 British pounds per square foot and 23.5 British pounds for grade B. The cheapest average office rents in the Midlands could be found in Stafford and Telford.
Cost of rent of grade A and grade B office real estate in the Midlands (United Kingdom) in 2019, by area
(in GBP per square foot)
The source adds the following information: "Figures shown are estimates of achievable open market rents (£ per sq ft) for each location as at June 2019, assuming normal incentives. Rents apply to units of 10,000 sq ft (929 sq m) taken for a 10 year term certain."
* Prime rents apply to new units. ** Grade B rents apply to second-hand units built during the 1990s.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Colliers International. (April 5, 2020). Cost of rent of grade A and grade B office real estate in the Midlands (United Kingdom) in 2019, by area (in GBP per square foot) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1010048/grade-a-and-grade-b-office-rents-in-the-midlands-england-by-area/
Colliers International. "Cost of rent of grade A and grade B office real estate in the Midlands (United Kingdom) in 2019, by area (in GBP per square foot)." Chart. April 5, 2020. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1010048/grade-a-and-grade-b-office-rents-in-the-midlands-england-by-area/
Colliers International. (2020). Cost of rent of grade A and grade B office real estate in the Midlands (United Kingdom) in 2019, by area (in GBP per square foot). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1010048/grade-a-and-grade-b-office-rents-in-the-midlands-england-by-area/
Colliers International. "Cost of Rent of Grade A and Grade B Office Real Estate in The Midlands (United Kingdom) in 2019, by Area (in Gbp per Square Foot)." Statista, Statista Inc., 5 Apr 2020, https://www.statista.com/statistics/1010048/grade-a-and-grade-b-office-rents-in-the-midlands-england-by-area/
Colliers International, Cost of rent of grade A and grade B office real estate in the Midlands (United Kingdom) in 2019, by area (in GBP per square foot) Statista, https://www.statista.com/statistics/1010048/grade-a-and-grade-b-office-rents-in-the-midlands-england-by-area/ (last visited December 30, 2024)
Cost of rent of grade A and grade B office real estate in the Midlands (United Kingdom) in 2019, by area (in GBP per square foot) [Graph], Colliers International, April 5, 2020. [Online]. Available: https://www.statista.com/statistics/1010048/grade-a-and-grade-b-office-rents-in-the-midlands-england-by-area/
