20 August 2024

Bidwells Offices & labs data book M1 South

Milton Keynes' central location within the Arc and relative affordability make it an attractive base and the inflow of new companies into the city has offset the impact of downsizing by existing occupiers.

Office take-up in the first half of 2024 was in line with the pre-pandemic average and the lack of new development means that availability is under control at 11.5%. Prime office rents are likely to hold steady this year, before seeing renewed growth in 2025.