Office occupiers in the Channel Islands are consolidating into new, prime stock. A wave of new office development in Jersey is changing the dynamics of the market
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Both islands are internationally respected financial centres, and while the direct impact of Brexit will be more limited than the UK, a knock-on effect will still be felt
Jersey saw continued growth in 2018, while transaction levels in Guernsey reached their highest levels since 2011
Office demand continues to be driven by financial services. Performance in Guernsey and Jersey's residential markets has diverged