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The CoStar Market Activity Tracker: Which UK markets stood out in the first half of 2026?

The CoStar index shows the best relative performers
<i>Marq Logistics’ 761,000 square foot MPN 761, a speculative unit at Magna Park Lutterworth, let to third-party logistics operator Bleckmann in April.</i>
Marq Logistics’ 761,000 square foot MPN 761, a speculative unit at Magna Park Lutterworth, let to third-party logistics operator Bleckmann in April.
CoStar Analytics
August 4, 2026 | 1:56 P.M.

The latest CoStar Market Activity Tracker highlights a selective occupier market that varies by sector and location. In the office market, Manchester led the Big Six cities, Midlands logistics hubs drove a revival in big-box leasing, and regional retail and hotel markets benefited from leisure and event-led demand. However, performance remained uneven, with elevated vacancy continuing to weigh on several markets. While investment sentiment has dipped since the conflict in the Middle East, several markets have outperformed amid large transactions.

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