Liverpool’s office market ended 2025 strongly, with second‑half take‑up double that of the first half, boosted by a 52,000 sq ft deal at the Capital Building. Demand is focused on modern, high‑quality, ESG‑led space, but limited Grade A supply is holding the market back. Prime rents currently top out at around £29.50 per sq ft, with ambitions to break £30 per sq ft in 2026, still well below regional competitors achieving £45–£50 per sq ft. As a result, refurbishment is helping in the short term, but new Grade A developments, often requiring public‑private collaboration, are seen as essential to support future growth.
