Demand for business space soars

Demand for commercial property from occupiers grew at the fastest speed in at least 15 years at the end of 2013, as the recent recovery pushes up firms’ appetite for space to rent. According to figures released by the Royal Institution of Chartered Surveyors (RICS) today, 42 per cent more respondents to their fourth quarter survey said demand was rising than falling, the largest share since the survey began in mid-1998.