Sheffield named as one of the top three regional office locations

Opportunities: Artist's impression of what Carillion's Castlegate development, The Square, will look like when the whole of the project is completed
Opportunities: Artist's impression of what Carillion's Castlegate development, The Square, will look like when the whole of the project is completed
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SHEFFIELD has been named one of the three most attractive regional locations in the UK for companies looking for office staff.

Property consultants CB Richard Ellis say only Glasgow and Leeds beat the city when ranked according to labour availability, educational institutions, labour costs and general demographics, and, with office occupancy costs 40 per cent lower than London and 20 per cent lower than Leeds, the city appears even more attractive.

Jonathan Shires, director of office agency at CBRE, said: “As England’s fourth largest city and with a population of over 500,000 people, it’s no surprise that Sheffield is considered to be the fastest growing city outside London for office and residential space.

“The nationwide office market has roughed some challenging times of late but as we move ahead with optimism for returning enquiries and activity in the sector, it is cities such as Sheffield who are well positioned to succeed in attracting occupiers as all the necessary components of strong demographics and excellent office space and development opportunities are all in place.”

CBRE is currently marketing Carillion’s Sheffield development, The Square, and is confident the advantages highlighted by its study will help it to attract potential occupiers.