We all need some place to live and work
Places to live and places to work. That’s what the country’s towns and cities need. And in the M27 corridor the need is great. The economy of the area is growing faster than the national average, putting further strain on an already undersupplied commercial market and exacerbating the housing shortfall. Here, Savills shares its latest office and residential data on the M27 corridor, with a special focus on Southampton. The lack of city centre office space is increasing the number of refurbishments of office stock in the city, while the agent says that mixed-use development holds the key to unlocking office space as there is more demand for residential space and it offers a higher capital value per sq ft.
