Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}
Sector Resilience in Office Space Sector Resilience in Office Space

Regional UK Office Market: Sector Resilience

This research examines the resilience of key business sectors in the regional UK office space market and includes a UK Regional Risk Index.  

This Sector Resilience research examines and compares the exposure to risk for key business sectors, and the impact this risk will have on their decision-making process in relation to office space take-up in the UK regions.  

We weigh the exposure to sector risk in each of the UK’s largest regional cities to create a ranking, the UK Regional Risk Index. 

The research analyses the following industries: 

Financial ServicesManufacturing & EnergyProfessional Services, Flexible WorkspaceMediaInsurancePublic SectorLegalTech


Key findings

  • Office-using businesses are facing increasing risk from Brexit and COVID-19 related uncertainty
  •  There are a number of key business sectors that are less exposed to risk, or in other words, more resilient than others.
  • UK cities with less exposure to the riskier sectors may experience an earlier and stronger return of occupier demand post-COVID while those with increased exposure may take longer to return to pre-COVID levels.
  • Cities with dominant low-risk business sectors in the take-up profile could see a relatively early return of occupier demand. 


What are the business risks to the UK’s largest regional office markets?

Cushman & Wakefield identifies the current four risks prevalent across all office markets as: 

Sector Resilience Body Image

  1. Competition - The sensitivity to competition from disruptors, innovation, online rivals or overseas businesses.  
  2. Location - Sensitivity to cost-saving pressures of moving outside traditional geographic locations, either within the UK or to an overseas location. Brexit is a key example of this, as is the impact of working from home policies in response to the pandemic.  
  3. Regulation - Sensitivity to revenue loss from regulation and compliance challenges, either from within the UK or from overseas. Again, Brexit is a key example of this, impacting certain sectors more than others, such as Financial.  
  4. Economic - Sensitivity to changes in economic growth, either from normal cycle movements, or from other phenomena (e.g. COVID-19).  

Read the report to find out how each regional UK city and sector scored, and which we found were the most resilient. 


Ben Cullen - London
Ben Cullen

Head of Offices, UK
London, United Kingdom

+44 207 152 5024

Download VCard

Charles Dady
Charles Dady

International Partner
Uxbridge, United Kingdom

+44 207 152 5273

Download VCard

Scott Rutherford - Birmingham
Scott Rutherford

Birmingham, United Kingdom

+44 121 710 5785

Download VCard

James Thomson
James Thomson

Edinburgh, United Kingdom

+44 131 222 4545

Download VCard

Jason Winfield
Jason Winfield

Head of Capital Markets, UK
London, United Kingdom

+44 207 152 5920

Download VCard

Andrew Tyler- London
Andy Tyler

Head of London Office Leasing
London, United Kingdom

+44 207 152 5250

Download VCard

James Meikle
James Meikle

Head of London Occupier Representation
London, United Kingdom

+44 203 296 4206

Download VCard

Private + Institutional Investment Advisors Phoenix
Learn More
South Coast Retail Advisors
Learn More
Tenant Advisory Services
Learn More
U.S. Bank Available Properties
Learn More
Montreal Suburbs Industrial and Office Services
Learn More



Cushman & Wakefield is a leading advisor to occupiers, investors and developers of office space across the UK & Ireland.

Learn More
Serviced Offices

The flexibility and all-inclusive nature of serviced offices makes them a potentially invaluable resource for organisations in any sector.

Learn More
Flexible Workspace

Whether you are a landlord, investor, occupier or operator, our market-leading team of experts can reveal what’s new in the flexible workspace sector – and what it could mean for your business and buildings.

Learn More
Offices Occupier Representation

Our Occupier Representation team will support you through the entire process of your search for an office space, from the beginning all the way to signing the lease and fitting out your new premises.

Learn More
Italy Milan


Via F. Turati, 16/18

+39 02 63799 1
Italy Rome


Via Barberini, 86

+39 06 420 0791
Ireland Galway


Unit 2 Dockgate
Dock Road

+353 91 569 181

Commercial Property in Adelaide

Level 7
149 Flinders St
Adelaide, SA 5000

+61 8 8179 3046

Commercial Real Estate in Sydney

Level 22
1 O'Connell Street
Sydney, NSW 2000

+61 2 8243 9999

Commercial Real Estate in Perth

Level 11, 225 St Georges Terrace

+61 8 9388 8212

Commercial Real Estate in Parramatta

Level 6
3 Horwood Place
Parramatta, NSW 2150

+61 2 9224 8036

Industrial Property in Melbourne South East

21-35 Ricketts Road
Mount Waverley, Victoria 3149

+61 3 9631 7500


Main Street 2022
Insights • Retail

Main Streets Across the World


Research • Retail

Main Streets Across the World

Almost three years after the onset of the global pandemic, the retail industry has been through one the biggest stress tests imaginable, but best-in-class real estate has remained robust – and even emerged stronger in some markets.
Ewa Derlatka-Chilewicz • 22/11/2022
Research • Retail

Main Streets Across the World

Almost three years after the onset of the global pandemic, the retail industry has been through one the biggest stress tests imaginable, but best-in-class real estate has remained robust – and even emerged stronger in some markets.
Debt Markets card (image)
Insights • Investment

Fear of sharp price corrections due to high financing costs

Higher financing costs are a major reason why sentiment in the real estate investment market and for property development has turned abruptly in recent months. In several segments, interest costs are already substantially higher than initial yields. 'The math simply doesn't add up.'
Maud Visschedijk • 17/11/2022
The future of the Belgian office market
Insights • Office

The future of the Belgian office market

Some updated insights on the Belgian office market. 
Cédric Van Meerbeeck • 16/11/2022
woman business casual with mobile phone
Research • Workplace

In Place 3 (Spanish)

A vision of the future. Keys to face the post-pandemic in the workplace. In this report, the main conclusions of the In place 3 survey are collected, the evolution of expectations is reflected and the main trends regarding teleworking are drawn.
Oscar Fernández • 15/11/2022




What's new

European Grade A Office Availability Ratio Declines As Occupiers Focus On Best in Class Space
European Grade A Office Availability Ratio Declines As Occupiers Focus On Best in Class Space

Availability of Grade A space demanded by occupiers remains low and below 2% of total office stock in many key markets.


GSK Completes Sale Of Strategic Life Sciences Development Site

Real estate services firm Cushman & Wakefield has advised GSK plc on the sale of the surplus development land that sits alongside its 1 million sq ft Research & Development (R&D) facility in Stevenage to UBS Asset Management and Reef Group. 


Capital Markets (image)
Cushman & Wakefield Appoints EMEA Sustainability Services Lead

Meikle will be responsible for driving activity in the Midlands and wider regions.


Watermark Place
Availability of Grade A Office Space in London Reaches 12-year Low

Meikle will be responsible for driving activity in the Midlands and wider regions.


Cinch Self Storage and Partners Acquire 34,000 Sq Ft Watford Warehouse

Padlock Partners UK Fund III and operating partner Cinch Self Storage have purchased a site for a new facility in Watford for approximately £9m.


office workspace
Cushman & Wakefield Recognised For Project Managing Dojo’s Award Winning Workplace Fit Out

Cushman & Wakefield has been recognised for its role as Project Manager on digital payment company Dojo’s head office in London, which won the British Council for Offices (BCO) National Award 2022 in the Fit Out of Workspace category.


Andrew Meikle
Cushman & Wakefield Appoints Andrew Meikle As International Partner In UK Capital Markets Team

Meikle will be responsible for driving activity in the Midlands and wider regions.


graduates, apprentices and placement students
Cushman & Wakefield Welcomes Tomorrow’s Industry Stars

68 graduates, apprentices and placement students have joined in the UK & Ireland


Michael Carson Cushman & Wakefield
21 GRosvenor Place
Cushman & Wakefield Launches Sale Of 21 Grosvenor Place, SW1

This highly attractive West End office building presents a unique refurbishment and repositioning opportunity, suitable for a number of high value uses including healthcare.


UK banknote close up of Queen's face
Budget Reaction

Cushman & Wakefield experts from across the UK react to this year's budget and what it means for property.


With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All