{"id":952409,"date":"2026-04-17T05:02:04","date_gmt":"2026-04-17T09:02:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\/"},"modified":"2026-04-17T05:02:04","modified_gmt":"2026-04-17T09:02:04","slug":"costar-data-shows-aire-park-driving-new-rental-highs-in-leeds","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\/","title":{"rendered":"CoStar Data Shows Aire Park Driving New Rental Highs in Leeds"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>CoStar Data Shows Aire Park Driving New Rental Highs in Leeds<\/b><\/p>\n<p>LONDON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLeeds office demand shifts south of the river to the East Quarter<i>, <\/i>according to data from <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.costargroup.com%2F&amp;esheet=54516763&amp;newsitemid=20260417361617&amp;lan=en-US&amp;anchor=CoStar&amp;index=1&amp;md5=ab5382232707823200429f562301f64e\">CoStar<\/a>, a global leading provider of online real estate marketplaces, information and analytics in the property markets.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260417361617\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260417361617\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260417361617\/en\/2777468\/4\/Leeds-office-demand.jpg\" alt=\"CoStar Data Shows Aire Park Driving New Rental Highs in Leeds\" \/><\/p>\n<p style=\"font-size:85%\">CoStar Data Shows Aire Park Driving New Rental Highs in Leeds<\/p>\n<\/div>\n<p>\nWhile the traditional City Core remained Leeds\u2019s dominant office location, its share of headline leasing activity fell from a five-year average of around 80% to 60% in 2025.<\/p>\n<p>\n\u201cA growing number of professional and financial services firms have been drawn to the East Quarter\u2019s Aire Park for its new-build specifications, strong ESG credentials and proximity to the city centre,\u201d said Giles Tebbitts, director of market analytics at CoStar Europe. \u201cAs the scheme matures, it has attracted an expanding roster of high-profile occupiers.\u201d<\/p>\n<p>\nDespite East Quarter accounting for more than 30% of leasing activity across the Leeds Central Business District (CBD) in 2025, most transactions were mid-sized lettings at Aire Park. The City Core continued to dominate smaller deals below 15,000 sq. ft., representing 81% of CBD activity.<\/p>\n<p>\n\u201cThe CBD vacancy rate has been broadly stable at around 12% over the past three years, but up from a cyclical low of 6% in 2020,\u201d said Tebbitts. \u201cThe withdrawal of older, obsolete stock has offset limited completions at Aire Park, keeping net absorption relatively flat in recent quarters.\u201d<\/p>\n<p>\nThe full analysis can be found <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.costar.com%2Farticle%2F2063104212%2Fleeds-office-demand-shifts-south-of-the-river-as-aire-park-sets-new-rental-highs&amp;esheet=54516763&amp;newsitemid=20260417361617&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=68e8eb981e868402193cfbaab126b1f5\">here<\/a>.<\/p>\n<p>\nFor more information about the company and its products and services, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.costargroup.com&amp;esheet=54516763&amp;newsitemid=20260417361617&amp;lan=en-US&amp;anchor=www.costargroup.com&amp;index=3&amp;md5=d964061c104a5dda01609d79f6addd0e\">www.costargroup.com<\/a>.<\/p>\n<p><b><span class=\"bwuline\">About CoStar Group<\/span><\/b><\/p>\n<p>\nCoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world\u2019s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.<\/p>\n<p>\nCoStar Group\u2019s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia\u2019s leading property marketplaces. CoStar Group\u2019s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.<\/p>\n<p>\nCoStar Group\u2019s websites attracted over 143 million average monthly unique visitors in the third quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnam04.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.costargroup.com%252F%26data%3D05%257C02%257Ckcapova%2540str.com%257C5c7d5fa16d1f492b629108dd711cdcdd%257C9a64e7ca363f441c9aa74f85977c09f1%257C0%257C0%257C638791090977538834%257CUnknown%257CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%253D%253D%257C0%257C%257C%257C%26sdata%3DzTGAkD6jkqwLHG5sxi4cxjyWf4Kr6%252Fa1GJmsgxQJhCo%253D%26reserved%3D0&amp;esheet=54516763&amp;newsitemid=20260417361617&amp;lan=en-US&amp;anchor=CoStarGroup.com&amp;index=4&amp;md5=927c8edf09c175ffd99ff0508669b033\">CoStarGroup.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260417361617r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260417361617\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260417361617\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact<br \/>\n<\/b><br \/>Karolina Capova<br \/>\n<br \/>Senior Media Relations Specialist<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:kcapova@costar.com\">kcapova@costar.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Europe Ireland United Kingdom<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Business Data Analytics Other Construction &amp; Property Commercial Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260417361617\/en\/2777468\/3\/Leeds-office-demand.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">CoStar Data Shows Aire Park Driving New Rental Highs in Leeds<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260417361617\/en\/737718\/3\/CoStar_Group_logo_detail_2.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>CoStar Data Shows Aire Park Driving New Rental Highs in Leeds LONDON&#8211;(BUSINESS WIRE)&#8211; Leeds office demand shifts south of the river to the East Quarter, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260417361617\/en\/ CoStar Data Shows Aire Park Driving New Rental Highs in Leeds While the traditional City Core remained Leeds\u2019s dominant office location, its share of headline leasing activity fell from a five-year average of around 80% to 60% in 2025. \u201cA growing number of professional and financial services firms have been drawn to the East Quarter\u2019s Aire Park for its new-build specifications, strong ESG &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CoStar Data Shows Aire Park Driving New Rental Highs in Leeds&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-952409","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CoStar Data Shows Aire Park Driving New Rental Highs in Leeds - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CoStar Data Shows Aire Park Driving New Rental Highs in Leeds - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CoStar Data Shows Aire Park Driving New Rental Highs in Leeds LONDON&#8211;(BUSINESS WIRE)&#8211; Leeds office demand shifts south of the river to the East Quarter, according to data from CoStar, a global leading provider of online real estate marketplaces, information and analytics in the property markets. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260417361617\/en\/ CoStar Data Shows Aire Park Driving New Rental Highs in Leeds While the traditional City Core remained Leeds\u2019s dominant office location, its share of headline leasing activity fell from a five-year average of around 80% to 60% in 2025. \u201cA growing number of professional and financial services firms have been drawn to the East Quarter\u2019s Aire Park for its new-build specifications, strong ESG &hellip; Continue reading &quot;CoStar Data Shows Aire Park Driving New Rental Highs in Leeds&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-17T09:02:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20260417361617\/en\/2777468\/4\/Leeds-office-demand.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"CoStar Data Shows Aire Park Driving New Rental Highs in Leeds\",\"datePublished\":\"2026-04-17T09:02:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\\\/\"},\"wordCount\":571,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20260417361617\\\/en\\\/2777468\\\/4\\\/Leeds-office-demand.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\\\/\",\"name\":\"CoStar Data Shows Aire Park Driving New Rental Highs in Leeds - 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260417361617\/en\/ CoStar Data Shows Aire Park Driving New Rental Highs in Leeds While the traditional City Core remained Leeds\u2019s dominant office location, its share of headline leasing activity fell from a five-year average of around 80% to 60% in 2025. \u201cA growing number of professional and financial services firms have been drawn to the East Quarter\u2019s Aire Park for its new-build specifications, strong ESG &hellip; Continue reading \"CoStar Data Shows Aire Park Driving New Rental Highs in Leeds\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-17T09:02:04+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20260417361617\/en\/2777468\/4\/Leeds-office-demand.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"CoStar Data Shows Aire Park Driving New Rental Highs in Leeds","datePublished":"2026-04-17T09:02:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\/"},"wordCount":571,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20260417361617\/en\/2777468\/4\/Leeds-office-demand.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/costar-data-shows-aire-park-driving-new-rental-highs-in-leeds\/","name":"CoStar Data Shows Aire Park Driving New Rental Highs in Leeds - 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