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Demand for office space in Bristol soars and rents set to rise

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The office market delivered an ‘exceptionally positive year’ in 2025, according to a new report

The Welcome Building in Bristol city centre

The Welcome Building in Bristol city centre(Image: PR Handout)

Office rents in Bristol are expected to continue rising amid soaring demand for commercial space in the South West. Annual take-up of workspace in and around the city reached 926,000 sq ft last year – 21 per cent above the five-year average and eight per cent above the 10-year average – according to Avison Young’s latest Big Nine Report. The city centre, alone, accounted for 604,000 sq ft.

Prime rents held at £50 per sq ft, with Bristol remaining the Big Nine’s highest-rented market.

The largest city centre transaction in six years was Hargreaves Lansdown moving from its HQ after 40 years. The investment platform, which employs some 2,000 people Bristol, signed a long-term lease for more than 90,000 sq ft across three floors at Welcome Building, off Avon Street, near to Temple Meads station.

The business was previously based at One College Square South on Anchor Road in the city centre.

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Another large deal was legal firm Burges Salmon regearing its lease and expanding by acquiring an additional 41,600 sq ft at One Glass Wharf.

Julian Watts, managing director for Bristol and South West at Avison Young, said: “Bristol continues to stand out as one of the strongest-performing cities within the Big Nine. The office market delivered an exceptionally positive year in 2025, marked by record headline rents in both the city centre and out-of-town markets.”

He added: “With supply tightening and space under construction being pre-let, the market is poised for continued upward pressure on rents.”

Nationally, the UK office market was boosted by a strong Q4, where take-up reached 2.1 million sq ft, with year-end take-up reaching 7.6 million sq ft, just four per cent below 2024 and in line with the five-year average.

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Strong occupier demand for high-spec workspace continued to push rents higher across the Big Nine cities last year, with Bristol, Birmingham and Leeds all setting new rental records.

Investment volumes reached £227m in the fourth quarter, bringing the year-end total to £1.1bn.

Avison Young said that while investor sentiment had been impacted by economic uncertainty and elevated borrowing costs, contributing to slower decision-making, positive news around the economy at the start of 2026 was “expected to stimulate activity and support an increase in transaction volumes”.

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Heating oil support 'needs to be delivered now'

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Heating oil support 'needs to be delivered now'

Rachel Reeves says the Treasury is also looking at “different options” to help households most vulnerable to soaring energy bills.

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US Airports Launch Donation Drives for Unpaid TSA Workers as Partial Government Shutdown Enters Fifth Week

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TSA

A growing number of major U.S. airports are appealing to travelers for donations to support Transportation Security Administration employees working without pay during a partial government shutdown that began Feb. 14, 2026, leaving roughly 50,000 TSA officers to miss their first full paycheck on March 13 amid mounting financial hardship.

The funding lapse for the Department of Homeland Security — triggered when Congress failed to pass a spending bill over disputes on immigration enforcement and border security — has forced essential airport security personnel to continue screening millions of passengers daily without regular compensation. TSA officers received partial pay in late February but saw no funds deposited in many March 13 paychecks, according to union representatives and federal officials.

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Airports nationwide have responded by reopening food pantries, setting up gift card collection points and urging passengers to contribute essentials. Denver International Airport (DEN) asked for $10 or $20 grocery and gas gift cards from stores like King Soopers, Safeway, Walmart, Costco and Target, emphasizing that Visa gift cards are not accepted due to federal rules limiting gifts to $20 or less per instance.

“Denver International Airport is seeking grocery store and gas gift card donations for federal employees working without pay,” DEN CEO Phil Washington said in a March 11 statement. “TSA employees just missed their first paycheck, and as we enter a busy spring break travel period, we want to do what we can to ease the stress of this moment.”

Seattle-Tacoma International Airport (Sea-Tac) opened a food pantry for TSA agents, requesting non-perishable food, hygiene items, diapers and baby supplies. Harry Reid International Airport in Las Vegas reactivated its Food & Essentials Pantry, accepting donations of toiletries, household items and pet supplies for affected federal workers.

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Other airports participating include Orlando International, Cleveland Hopkins, Reno-Tahoe and more, with collection drives coordinated through airport management, employee unions and community partners. TSA guidance allows such donations from travelers via airport channels, provided they comply with ethics rules barring direct cash or excessive gifts.

The shutdown has strained TSA staffing. The agency reports about 300 officers have resigned since Feb. 14, with unscheduled absences rising to around 6% in some locations. Union leaders describe workers turning to side jobs like ride-sharing, plasma donation or food pantries to cover bills. Some report sleeping in cars or relying on family support after depleting savings from the previous 43-day shutdown in late 2025.

Travel disruptions have worsened, with reports of hours-long security lines at major hubs during peak spring break travel. Wait times of two to three hours have been documented at some checkpoints, though TSA insists expedited programs like PreCheck remain operational. Passenger security fees collected by airlines continue flowing to the government, creating a stark contrast: travelers pay for screening services while screeners go unpaid.

Senate negotiations remain stalled. A March 12 vote on a stopgap DHS funding bill failed, with Democrats blocking the measure over immigration provisions. Republicans have accused Democrats of obstructing progress, while Democrats point to GOP demands on border policy as the impasse. No breakthrough appeared imminent as of March 14.

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The American Federation of Government Employees and travel industry groups, including Airlines for America, have launched campaigns urging on-time pay for TSA and FAA workers during lapses. Private operators highlight reliance on smooth airport operations for economic activity.

TSA officers, deemed essential, must report for duty or face termination. Many express frustration at repeated shutdowns, with some rebuilding finances from the prior fiscal year’s record closure.

As the shutdown nears one month, airports’ grassroots efforts underscore the human toll on frontline workers. Donations provide immediate relief, but union officials and advocates stress the need for permanent funding stability to prevent future crises.

Travelers encountering longer lines are encouraged to arrive early, use mobile apps for wait-time estimates and consider TSA PreCheck enrollment. For donation information, check individual airport websites or TSA union channels.

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Global Net Lease: A High-Yield Turnaround Story Still In Progress

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Janus Henderson Forty Fund Q4 2025 Commentary (MUTF:JACCX)

Global Net Lease: A High-Yield Turnaround Story Still In Progress

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Goldman warns S&P 500 could decline to 6300 if growth weakens

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Goldman warns S&P 500 could decline to 6300 if growth weakens

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Taylor Sheridan’s New Drama Drops First Three Episodes March 14

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The Madison' Season 1

Taylor Sheridan’s latest neo-Western drama, “The Madison,” premiered Saturday, March 14, 2026, exclusively on Paramount+, launching the first three episodes of its six-episode debut season.

The series, starring Oscar nominee Michelle Pfeiffer and Golden Globe nominee Kurt Russell, marks Sheridan’s return to Montana-set storytelling following the conclusion of “Yellowstone” in late 2024. Unlike direct “Yellowstone” spin-offs such as “1883,” “1923” or the ongoing “Marshals,” “The Madison” stands as an independent series, though it shares the creator’s signature blend of family dynamics, grief and rugged landscapes.

The Madison' Season 1
The Madison’ Season 1

The show follows the Clyburn family, a wealthy New York City clan relocating to the scenic Madison River valley in central Montana after a devastating loss. The move forces them to confront grief, adapt to rural life and navigate human connections in one of America’s most beautiful yet unforgiving regions. Sheridan wrote all six episodes, with Christina Alexandra Voros — who directed episodes of “Yellowstone” Season 5 — helming the series.

Paramount+ adopted an unconventional release strategy for the premiere season: the first three episodes dropped simultaneously on March 14 at 12 a.m. PT (3 a.m. ET), with the remaining three scheduled for Saturday, March 21, also at midnight PT. Episodes include “Pilot,” “Let the Land Hold Me,” “Watch Her Fall” on premiere day, followed by “Tomorrow Is Goodbye,” “No Name and a New Dream” and the finale on the second Saturday.

The staggered rollout differs from Sheridan’s typical weekly drops on Paramount+ for shows like “Landman” or “Lioness.” Paramount executives described it as a way to build immediate buzz while allowing viewers to binge the short season quickly. Season 2, already filmed back-to-back with Season 1 according to Kurt Russell in recent interviews, is expected in 2027, though no exact date has been confirmed.

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Pfeiffer leads as the matriarch navigating profound loss, with Russell portraying a key figure in the family’s new Montana life. The ensemble includes Matthew Fox and Patrick J. Adams in supporting roles. First-look images and the official trailer, released in early 2026, highlighted sweeping Montana vistas, emotional family tension and Sheridan’s hallmark dialogue.

The series arrives amid Sheridan’s prolific output for Paramount, which has expanded its “Yellowstone”-verse with multiple shows. “The Madison” was initially developed under the working title “2024” as a potential spin-off but evolved into a standalone project. Kurt Russell noted in an Entertainment Weekly interview that Pfeiffer and Sheridan advocated for filming two seasons consecutively to accommodate schedules and storytelling needs.

Early reactions from critics and viewers have been positive, with Rotten Tomatoes assigning a 67% Tomatometer score based on initial reviews, praising the performances and scenic cinematography while noting the intimate, character-driven pace sets it apart from more action-heavy Sheridan fare. Some called it his “most heartfelt” work yet.

Paramount+ subscribers can stream all available episodes immediately, with no ads on the Premium plan. The service promotes the premiere with trailers, first-look galleries and behind-the-scenes content on its site.

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As “The Madison” begins its run, anticipation builds for the March 21 conclusion of Season 1 and the already-completed follow-up season. The series reinforces Sheridan’s dominance in modern Western dramas, drawing fans eager for more Montana-based stories after “Yellowstone’s” long run.

With episodes now live, viewers can dive into the Clyburns’ journey of healing and upheaval in the Madison valley.

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Bernstein SocGen cuts Humana stock price target on Stars pressure

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Bernstein SocGen cuts Humana stock price target on Stars pressure

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Macquarie downgrades DiDi stock rating on Brazil expansion costs

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Macquarie downgrades DiDi stock rating on Brazil expansion costs

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Deploy Cash Now Into Double-Digit Yielding Passive Income

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Deploy Cash Now Into Double-Digit Yielding Passive Income

This article was written by

Austin Rogers is a REIT specialist with a professional background in commercial real estate. He writes about high-quality dividend growth stocks with the goal of generating the safest growing passive income stream possible. Since his ideal holding period is “lifelong,” his focus is on portfolio income growth rather than total returns. Austin is a contributing author for the investing group High Yield Landlord, one of the largest real estate investment communities on Seeking Alpha, with thousands of members. It offers exclusive research on the global REIT sector, multiple real money portfolios, an active chat room, and direct access to the analysts. Learn more.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of ARES, BX, BAM, CGDG, TDIV, HTGC, TRIN, IIPR.PR.A either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Goldman Sachs says oil flows through Strait of Hormuz down sharply

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Goldman Sachs says oil flows through Strait of Hormuz down sharply

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Housing sales in 50 cities dip 3% to 6.14 lakh units, up 16% in value to Rs 8.4 lakh crore: CREDAI

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Housing sales in 50 cities dip 3% to 6.14 lakh units, up 16% in value to Rs 8.4 lakh crore: CREDAI
Housing sales across India’s top 50 cities fell 3 per cent last year to 6.14 lakh units while it rose 16 per cent value-wise to Rs 8.46 lakh crore, according to CREDAI and Liases Foras.

On Friday, realtors’ apex body The Confederation of Real Estate Developers’ Associations of India (CREDAI) and research firm Liases Foras, released a report on residential real estate trends across 50 major cities in India.

The report highlighted the continued resilience of the housing market, with strong value growth driven by rising buyer aspirations, increasing premiumisation of housing demand and sustained infrastructure-led urban development.

As per the data, the housing sales across primary markets of Indian 50 major cities fell 3 per cent to 6,14,235 units in 2025 from 6,33,134 units in the preceding year.

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In value terms, sales grew to Rs 8,46,648 crore last year, an increase of 16 per cent from 7,29,112 crore during 2024 calendar year.


Shekhar Patel, President of CREDAI, said: “The 2025 numbers mark more than a statistical milestone, they reflect a fundamental shift in how India lives, invests and aspires. When 78 per cent of sales value comes from homes priced above Rs 1 crore and ultra-luxury alone drives over half the value, it signals rising household wealth, maturing investor confidence and the success of urban infrastructure initiatives”.
He noted that Tier-2, 3 and 4 cities are no longer peripheral and they are emerging as engines of economic opportunity.Pankaj Kapoor, Managing Director of Liases Foras, said: “Top metro cities continue to dominate India’s housing market in 2025 in sales, value and supply. However, Tier-2 cities are increasingly emerging as important growth centres in the residential real estate sector.

Better connectivity, expanding employment hubs, and infrastructure-driven initiatives are boosting housing demand in these markets for both end-users and investors, he added.

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