Arc Market Databook M1 South Offices and Labs - summer 2021

The Milton Keynes office market is experiencing the same uncertainty shaping city centres across much of the country as businesses review occupational strategies. 

But, there are reasons to feel positive about the market going forward; the number of requirements for office space in the city are up by over a quarter on last year, but businesses are often trading size for quality.

Occupier demand for quality offices has brought forward plans to upgrade space by landlords. The opening of the Santander HQ in 2023 combined with a positive business outlook for the city’s tech sector, will provide an economic fillip to Milton Keyes over the next few years, driving rental growth and spurring further refurbishments and redevelopments.