Glasgow Office Spotlight – February 2025

Glasgow's office market experienced record take-up of 439,367 square feet in 2024 across 126 transactions, driven primarily by the legal sector which accounted for 41% of professional sector activity, while the market faces acute supply constraints with only 0.8 years of prime office stock available and prime rents exceeding £40 per square foot. The document identifies emerging growth sectors including health tech, fintech, and creative industries alongside traditional strengths in engineering and professional services, with approximately 874 fast-growth private companies and £267 million in venture capital raised over recent years positioned to drive future office demand.