Market in Minutes: Leeds Occupational Office Data Q3 2025 (PDF)

Savills Research reports that Leeds office take-up in Q1–Q3 2025 totalled 482,286 sq ft across 78 transactions, representing 12% above the five-year average and 57% Grade A and Prime space, with the Public Services, Education & Health sector accounting for 34% of leasing activity. Total availability at end-Q3 2025 reached 979,103 sq ft with a vacancy rate of 8.0%, while prime rent established a new headline of £46 per sq ft in Q3 2025, up 18% year-on-year, with forecasts predicting growth to over £51 per sq ft by 2029.