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Worcestershire Commercial Property Market Report

Independent Market Insight for Office and Industrial Property Across Worcestershire

Our annual Worcestershire Commercial Property Market Report provides a detailed analysis of the office and industrial markets across the county, supported by verified transaction data, evidence and local market intelligence.

Produced by our commercial agency team and led by Andrew Lewis, Chartered Surveyor and author of the report, the publication has become a recognised reference point for owners, occupiers, developers and investors seeking reliable, evidence-led market insight.

The 2026 edition reviews activity throughout 2025 and identifies the key trends shaping 2026 and beyond.

Download the 2026 Report

Access the full Worcestershire Commercial Property Market Report 2026, including detailed sub-market analysis, transaction evidence and forward-looking commentary.

Download the 2026 Market Report

Prefer to talk it through? Call 01905 676169 or Contact Us

2026 Market Overview

Over the last 12 months, the industrial and warehouse market has once again demonstrated resilience, with take-up levels remaining positive and demand continuing to exceed supply across much of the county.

By contrast, the office market recorded historically low levels of take-up. Ongoing economic uncertainty, increased employment costs and caution amongst SME occupiers have contributed to reduced transactional activity.

Worcestershire’s economy remains heavily driven by SMEs. Many of the businesses we speak to daily are exercising caution, particularly around staffing levels and overhead commitments. As a result, expansionary office moves have been limited.

Where companies are transacting, they are doing so decisively, recognising the limited availability of quality stock and the need to act quickly when suitable accommodation becomes available.

What the 2026 Report Covers

The report provides:

  • Analysis of supply and demand across office and industrial sectors

  • Rental trends and headline transaction evidence

  • Vacancy rates and development pipeline commentary

  • Sub-market breakdowns across Bromsgrove, Malvern Hills, Redditch, Worcester, Wychavon and Wyre Forest

  • Insight into occupier behaviour and investor sentiment

  • Commentary from Worcestershire Local Enterprise Partnership and Herefordshire & Worcestershire Chamber of Commerce 

Drawing on detailed comparable evidence and ongoing market tracking, the report highlights:

  • Continued industrial supply constraints influencing rental growth

  • Office demand softening amid cost pressures and economic caution

  • The widening gap between development costs and achievable office rents

  • Sub-market variations in vacancy and performance

  • The implications of limited new office delivery across the county

Over the last 12 months, the industrial and warehouse market has once again demonstrated resilience, with take-up levels remaining positive

Previous Market Reports

2025
2024
2023
2022
2021

Need Insight for a Live Decision?

If you’re reviewing an asset, planning a disposal, negotiating a rent review or assessing development viability, we can talk you through what the data means for your specific position.

Contact Us
01905 676169

Why the Report Matters

In a changing economic climate, access to reliable local evidence is essential. 

Whether you are:

  • Reviewing an investment asset

  • Planning a disposal or acquisition

  • Negotiating a rent review or lease renewal

  • Considering refurbishment or redevelopment

  • Assessing expansion or relocation

The report provides context and clarity to support better commercial decisions.

Recognised Regional Authority

The Worcestershire Commercial Property Market Report is widely referenced across the region and forms part of our ongoing commitment to transparent, evidence-led advice.

“Reliable market evidence is critical when making property decisions. Our report brings together real transactional data and regional insight to give clients a clear view of where the market stands, and where it may be heading.”
 Andrew Lewis, Director – Sales, Lettings & Acquisitions

Feedback from readers consistently highlights the value of the report in supporting informed strategy and investment planning.

  • “The GJS Dillon Market Report provides clear, credible insight into Worcestershire’s commercial property landscape. It’s a valuable resource for anyone active in the region.”

    Regional property professional

  • “A detailed and evidence-led report that helps cut through speculation and focus on the realities of the local market.”

    Commercial property investor

Turn Insight Into Action

If you have any commercial property requirements, we can provide expert advice and support.

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