The office market in Hampshire faces significant leasing and renting activity year by year. Many businesses continuously enter the county, making investors purchase in new buildings. Due to the high demand, coming from large enterprises, the availability of giant office blocks is limited in some submarkets of Hampshire. The highest take-up level of office space in Hampshire is observed in the major metropolises of the county - Portsmouth, Southampton, Winchester, etc. These regions are simultaneously getting the most significant number of requests for prime offices. Occupancy rate there reaches the point of 95%. Yet, there are numerous proposals of affordable office space in such Hampshire’s cities as Farnborough, Basingstoke, Petersfield, Fareham, and so on. In order to meet the tenants’ needs, new office development projects are entering the local commercial real estate market. They predict the construction of speculative office space in various locations of Hampshire, as well as the refurbishment of outdated stock. Nowadays, people don’t like to spend hours on commuting to their workplaces. On the contrary, they value flexibility, mobility and sustainability in their working process. That’s why Hampshire’s office market boasts workspace of mix-use, often accompanied by housing and leisure facilities.
