Offices & Labs Databook Presentation
Bidwells bitesize online presentation provided an update on the Offices and Labs Market across Oxford & Cambridge.
2023 has undoubtedly been challenging on the economic front, with inflation driving up finance costs and bond yields with the inevitable knock on implications for the property market.
Despite the uncertainty, the Oxford and Cambridge office and laboratory clusters have seen science and technology companies continue to commit to new space. Knowledge industries were responsible for 93% of lettings in Oxford, and 85% in Cambridge and prime rents have continued to increase.
Our expert speakers updated us about Bidwells latest research on occupier themes, requirements, venture capital, key Bidwells transactions in H1 and the Oxford-Cambridge supercluster board.
Catch up on the presentation
Get in touch with our speakers
Matt Allen, Director Business Development & Marketing
Download the Databooks
Offices & Labs Databook Cambridge - Summer 2023
Robust H1 take up looks set to continue into the second half of 2023 with laboratory requirements increasing to over 1.2m sq ft.
Offices & Labs Databook Oxford - Summer 2023
While requirements have slowed in response to the more challenging finance environment, the continued demand for quality space in key locations is driving further growth in prime rents.
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