01/10/2026
The Glasgow office market is showing an interesting shift.
Prime office rents could reach £45 per sq ft by the end of 2026, while Grade A vacancy has fallen from 6.4% to just 4.0%. Office take-up in the first half of the year also reached almost 292,000 sq ft — the strongest first half since 2018.
What stands out to me is the gap between good space and average space.
Businesses may not necessarily be looking for more space, but they are becoming more selective about the space they do take. That puts greater importance on location, quality and how well an asset meets the needs of its occupiers.
From a commercial property perspective, I think this is an important distinction.
It’s not simply about whether the market is growing or slowing. The real question is which assets are positioned to benefit from where demand is actually going.
That’s where I believe the opportunity lies.