The United Kingdom office real estate market size is projected to grow at a CAGR of 5.20% between 2026 and 2035.
Base Year
Historical Period
Forecast Period
The real estate sector of UK employs more than 12 million people and contributes a substantial amount of EUR 1.7 billion to the UK’s GDP.
Demand for prime office space is increasing across big five cities of UK and Central London.
According to data by Cushman & Wakefield, in Q4 of 2023, additional 4.2 million square feet of office space were leased across Central London and the big five cities (Birmingham, Bristol, Edinburgh, Leeds, and Manchester).
Compound Annual Growth Rate
5.2%
2026-2035
*this image is indicative*
The United Kingdom office real estate market growth is driven by factors such as the expansion of the service sector in the country, the development of urban areas, the emergence of flexible and co-working spaces, and the increased adoption of technology and innovation in workplaces. For instance, integration of IoT-enabled systems, digital biometrics, and integrated communication software within office spaces of the region has led to market development.
A notable market trend is customisation of office designs that prioritise employee well-being. Companies like Knight Frank UK and Workspace Group are prioritising elements such as natural light, ergonomic furniture, and dedicated spaces for relaxation after recognising the impact of a healthy environment on employee well-being and overall productivity. Also, the region is witnessing a development of suburban offices due to the rise of suburban working culture and the increasing appeal of suburban living. To meet this demand, businesses are exploring office spaces outside city centres to provide employees with proximity to residential areas, which can propel the United Kingdom office real estate market growth.
Furthermore, the availability of flexible or shorter leases, including coworking spaces and serviced offices, also promotes market development because it is appealing to startups, freelancers, and businesses requiring agile and short-term solutions, as it allows them to adjust their office space in response to changing needs. The market can also be segmented based on IT, manufacturing, BFSI, and consulting sectors, where the IT sector has significantly contributed to the growing United Kingdom office real estate market share due to its high demand for offices that are well equipped with advanced technology devices, secure communication applications, and high-speed (5G) internet, which helps the IT companies in their work operations.
United Kingdom Office Real Estate Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Breakup by Type
Breakup by Real Estate Type
Breakup by Sector
The United Kingdom office real estate market key players are:
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The United Kingdom office real estate market value is expected to grow at a CAGR of 5.20% between 2026 and 2035.
Evolving hybrid work culture, technological advancements, and the continuous demand for flexible office spaces are some of the major factors propelling the growth of the market.
Key trends aiding the market are the increasing demand for office designs that prioritise employee well-being, digitalisation of offices, and rise of suburban offices.
Dedicated desks, co-working spaces, and private offices are some types of real estate considered in the market.
Sectors covered in the market include IT, manufacturing, BFSI, and consulting.
Key players in the market are Knight Frank Group, Savills plc, CBRE, Inc., Colliers International Property Consultants, Inc., Workspace Group PLC, CSB Business Advisory Services Limited, Land Commercial Surveyors, and Fora Space Limited, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Real Estate Type |
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| Breakup by Sector |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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