Manchester offers cheaper office space than Euro rivals - MIDAS

Manchester offers cheaper office space than Euro rivals

New research from consultancy firm DTZ shows Manchester city centre as one of the most affordable of Europe’s major cities.

According to DTZ’s Office Affordability Index, Manchester city centre occupiers spend an average of 12 per cent of revenues on accommodation costs, below the average of 15 per cent.

Despite moderate rental levels, Warsaw, Prague and Budapest are among the least affordable centres, with DTZ saying that the slowdown of building new space will limit the growth potential of these cities.

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