New wave of offices stalls

Developers that had started building before the economy took a turn for the worse in 2022 have, by and large, continued on site. Those that were still pulling projects together, on the other hand, have generally applied the brakes. At the same time, demand has remained strong, especially for grade-A office developments. It is a similar situation in Liverpool, the North West's other main commercial property market. Here, Branson discusses the challenges faced by developers in the North West in making new office schemes financially viable.