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.
