Development is around the corner in Leeds. The council's much awaited Sovereign street having landed KPMG will come forward. There's a feeling that other occupiers will see what's happening, realise if they are going to move then now might be the time to do it and McAleer and Rushe's city square will land one of those.
Alex Munro at Knight Frank in Leeds reckons that two or three major deals will happen this year and there are good requirements in the 30,000 sq ft which will get into schemes by piggy backing off these. The market is unlikely to set any records for take up but headline rents should remain steady at around the £25 -26 per sq ft level.