Take-up

Take-up in Aberdeen during the first half of the year totalled 163,188 sq ft, which was achieved through 31 transactions, on par with the five-year average number of H1 transactions. Take-up was 78% higher than the same period in 2024, and also 12% above the five-year average. It was also on par with the longer-term average, demonstrating increased occupier activity.

Grade A take-up totalled 91,920 sq ft, and accounted for 56% of the total. This was the highest H1 Grade A take-up since 2022, and was 85% higher than the five-year H1 Grade A average.

Supply

Availability in Aberdeen at the end of Q2 2025 stands at 1.6 million sq ft, a decrease of 5%. This means that the overall vacancy rate has continued to decline and now stands at 15.5%, a decrease of 110 basis points on the previous quarter. Secondary availability continues to dominate the market by totalling 1.4 million sq ft and accounting for 89% of the total.

Grade A availability totals 177,000 sq ft, which remains the same as the previous quarter, and accounts for 11% of the total. The Grade A vacancy rate has therefore also remained the same, and stands at 1.7%, illustrating the continued lack of best-in-class space in Aberdeen.

Take-up by business sector

The most active business sector during H1 2025 was the 'Property Company, Development and Construction' sector, which leased a combined total of 97,000 sq ft, and subsequently accounted for 60% of the total. There were four transactions in the sector, with the largest letting being acquired by Altrad Integrity Services at The Apex, for a total of 70,000 sq ft, the largest deal in Aberdeen since 2022.

Other active sectors included the 'Extraction & Utilities', 'Professional' and 'Distribution and Logistics' sectors, all accounting for 7% of the total. The largest deal of all sectors was acquired by North Star Holdco Limited, which leased 9,960 sq ft at Prime Four Business Park in Q1.

Rents

There was no change in the prime rent in H1 2025, with headline rent remaining at £32.50 per sq ft. With a constrained supply of best-in-class space in Aberdeen, Savills is predicting that there will be significant rental growth in the next five years, with the most recent forecasts projecting a 2% increase to £33 per sq ft by the end of 2025, and further rental growth of 8% to £35 per sq ft expected by the end of 2029.

Find out more about Aberdeen's property market here.

Interested in other areas of the UK?

View all of our latest H1 2025 occupational office data research here.