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.
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 ...
Key office professionals attended a fifth and penultimate British Council for Offices and CoStar roadshow event this week, exploring the current dynamics of the Manchester office market.
The office market took centre stage this week as industry professionals gathered for a lively British Council for Offices and CoStar event exploring the current dynamics shaping Birmingham’s market.
Wolverhampton’s industrial leasing market surged in 2025, reaching its highest annual total since 2018. The standout activity was driven by one of the largest deals recorded in the submarket, as well ...
Manchester has undergone a dramatic transformation in recent years as a generation of mid-century office blocks has given way to modern, sustainable workplaces. Buildings such as Oddfellows House, ...
To office market participants and observers, 2025 marked the year when the recovery finally began. Following four-and-a-half years of heavy demand losses totalling 48 million square feet across the ...
Servicing the Manchester and Birmingham conurbations to the north and south, aided by the M6, Staffordshire is a key industrial market and a strategic distribution location for logistics operators. ...
The North West industrial vacancy rate has moved from the lowest in the country to sit in line with the national average at 5.4%. While this is a 10-year high and up from a low base of 2% in 2022, it ...
Cautious investor sentiment, elevated construction costs and high vacancy rates have kept new office construction starts muted across the Big Six regional office markets of Birmingham, Bristol, ...
Leeds’ industrial investment saw a resurgence in the third quarter, as volumes hit a three-year high - thanks largely to Blackstone’s continued acquisition strategy. Investment totalled £90 million, ...
The Birmingham office market has seen a surge in small to mid-sized investment transactions in 2025, with the intention of repurposing properties for residential use. Driven by changing work ...
Investment volumes remained subdued across the Big Six office markets during the third quarter, as investors focused on secure income, value-add and residential conversion opportunities.
Occupier demand has remained upbeat for several office markets over the past six months. Central London has continued to outperform, Bristol and Edinburgh have led activity across the Big Six cities, ...
The UK occupier markets have shown continued robust performance over the past six months, though the story varies by sector and location, according to CoStar’s latest Market Activity Tracker report.
The Society of Property Researchers recently held its first regional office market roundtable in Manchester, hosted by CoStar at the company’s 1 Marsden Street office.
Leasing activity across the Big Six office markets has been led by financial and professional services in 2025, supported by a strong showing from the TMT sector. While the change of use to education ...