The Inverness office market has seen increased activity and enquiries over the past 12–18 months. Demand is strongest for modern, well-located offices up to 2,000 sq ft, particularly those with good parking. Smaller suites between 500–1,500 sq ft are especially popular, attracting interest from professional firms, public sector bodies, and businesses serving the wider Highland region. While there is steady demand for units up to 2,000 sq ft, offices over 3,000 sq ft see limited interest. Flexibility and smaller suite offerings with car parking are key to attracting tenants.
The industrial sector remains robust, with high demand, short marketing periods, rising rents and capital values—particularly in the Longman Industrial Estate. Limited supply, low vacancy rates, and minimal new development have created a landlord-favourable market. Older units are often refurbished due to the scarcity of new builds. Prime rents now exceed £10 per sq ft, with continued strong leasing and land purchase activity.
The retail sector continues to undergo a period of transition, with Eastgate Shopping Centre and parts of the High Street / Bridge Street continuing to serve as the city’s core retail hubs. While the market has faced challenges, landlords are responding proactively by offering flexible lease terms and attractive incentives, such as extended rent-free periods, to support tenant growth and encourage new occupiers.
