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Occupier and commercial demand drops in Wales
Daily Post
|August 06, 2025
OCCUPIER and investor demand for commercial property in Wales was lower through the second quarter of the year according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor, and whilst surveyors remain optimistic on the outlook, it is less so than seen previously.
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A net balance of -13% of Welsh surveyors reported a fall in overall occupier demand through QI 2025, down from 7% seen in Q1. Looking at the subsectors, demand for industrial space fell flat, whilst demand for retail and office space was reported to have declined (net balances of -13% and -27%
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