Insights
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LATEST INSIGHTS & RESEARCH

Report 50 60 station road
Bidwells launches its latest Our View on Offices and Labs research. Bidwells estimate 22% of the UK’s science park space is located in the Oxford-Cambridge Arc. Take up in the office and laboratory markets continue to exceed historic trend levels, with an increasing proportion of this space absorbed by knowledge intensive businesses.
Report London offices SMALLER 646806031
Despite London continuing to dominate Europe’s tech investment activity, take up in the London office market fell below trend for the first time in two years, driven by stock shortages. In the West End supply now stands at its lowest level in a decade.
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Norwich saw availability fall to 4.5% during H1 2019; its lowest level since 2007. Take-up remains at trend levels but the shortage of new floorspace coming forward is taking its toll on occupier choice in the city, particularly for Grade A space.
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The first half of 2019 saw the availability of offices in Milton Keynes fall to its lowest rate since 2017. The pace of take-up over the last 12 months reflects the city’s continued status as the UK’s fastest growing economy driven by further productivity improvements associated with the expansion in high growth business sectors.
Report Ox Jam Factory
Rents have risen sharply over the last 12 months to reach a new high of £40 per sq ft after availability dipped to a ten year low of 6.3%. That’s a jump from £23 sq ft at end of 2014.
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The latest offices and labs research conducted by Bidwells found rent levels hitting another new high for the city. Prime office rents rose £3.50 psf in the first half of 2019 to a new peak of £45 psf after the city experienced the busiest six months of letting activity since 2016.
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Bidwells has released its Build to Rent report on the growing residential funding & investment sector. Investment into the Build to Rent (BTR) sector reached a record high in 2018 with almost £4bn of new funds allocated to the sector. Almost two-fifths of these transactions were forward funded as investors seek scale in key investment locations.
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Bidwells launches its latest Our View on Offices and Labs research. The expansion of the Oxford-Milton Keynes-Cambridge Corridor occupier base continues in defiance of the backdrop of economic and political uncertainty. Download our research here
Report London offices SMALLER 646806031
Our research shows London has proved remarkably resilient against the backdrop of uncertainty. 2018 take-up was down on the high level of activity in 2017, although remained above the 10 year average.
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