Giles Tebbitts is a commercial property analyst with more than 20 years’ experience, specialising in regional office and industrial occupier and investment markets. He has worked at CoStar since May 2022, is based in the Manchester office and is resp...
Giles Tebbitts is a commercial property analyst with more than 20 years’ experience, specialising in regional office and industrial occupier and investment markets. He has worked at CoStar since May 2022, is based in the Manchester office and is responsible for analytics on the North West, Yorkshire and East Midlands markets. He was at Avison Young where he produced regular bulletins on the ‘Big Nine’ regional office and big-box industrial markets to advise clients, support events and generate press coverage.
Giles is a member of the Society of Property Researchers.
Manchester’s office market is showing clear signs of stabilisation, as sustained net absorption and a slowing development pipeline rebalance supply and demand. While political uncertainty is slowing ...
Derby’s industrial market has gained fresh momentum in 2026, with record leasing led by large-scale third-party logistics requirements. Its strategic location on the edge of the Midlands’ Golden ...
Greater Manchester has established a clear and widening lead in long-term office employment growth across the UK’s Big Six regional cities, outperforming Birmingham, Leeds, Bristol, Glasgow and ...
Last week, CoStar held a wide-ranging roundtable discussion on the Leeds office market, with participants from across the agency community to assess current conditions and the outlook for the city.
Retail investment volumes in Birmingham have strengthened markedly over the past 12 months, underpinned by landmark transactions involving prime, dominant assets.
Office leasing volume in Sheffield city centre rebounded sharply in the opening quarter of 2026, reaching its highest level in nearly eight years, as two substantial lettings lifted overall take-up ...
The UK office market continues to show a measured recovery, led by resilient demand in London and selective strength across the Big Six regional cities. Meanwhile, the life sciences hubs of Oxford ...
Several UK occupier markets have continued to perform robustly over the past six months, though the story varies by sector and location, according to CoStar’s latest Market Activity Tracker report.
The improving sentiment towards the regional office market seen at the end of last year has translated into robust volumes for the first quarter of 2026. Generally, the slowest quarter, volumes ...
The relationship between online retail sales and warehouse construction has long been a useful indicator of the direction of the logistics real estate market. Over the past decade, both indicators ...
CoStar’s Leeds and Sheffield industrial markets, covering West and South Yorkshire respectively, sit side by side but recent industrial performance tells two different stories. Both benefit from ...
Occupier demand in Leeds’ city centre office market has gravitated south of the river, as Vastint’s Aire Park scheme has emerged as the city’s most popular destination for recent corporate lettings.
There is a wide variance in the supply of the best office space across the Big Six office markets, Birmingham, Bristol, Edinburgh, Glasgow, Leeds and Manchester.
The Manchester City Core office investment market lost its long-term dominance across the city in 2025 as transactions were more evenly spread around the wider central business district.
Staffordshire industrial investment last year reached its highest annual volume since the pandemic "gold rush" years of 2021 and 2022. A total of £405 million was transacted last year, 35% higher ...
Occupier demand remained robust for several office markets over the second half of 2025. London has reasserted its dominance and Bristol has led activity across the Big Six cities, while select ...
This week, CoStar hosted the webinar “2026 regional office outlook: time to look beyond London?”, where regional office experts Grant Lonsdale and Giles Tebbitts, based in Glasgow and Manchester, ...
An upturn in occupier activity and stronger sentiment towards regional offices have yet to translate into a substantial improvement in volumes, though significant transactions in the pipeline look ...
CoStar’s latest Market Activity Tracker shows that UK occupier markets have maintained robust momentum over the past six months, though performance continues to vary widely across sectors and ...