Bidwells' latest Market Databook research reveals the second half of 2020 saw office and laboratory take up return to trend levels following a COVID-19 disrupted H1. Cambridge has been on the axis of the UK pandemic response sustaining business activity across the city. The market has seen take up continue across a range of business sectors, but dominated by knowledge intensive industries.
Bidwells has released its Summer 2020 industrial research which reveals COVID-19 disrupted the M1 South market during the first months of the pandemic, but take-up recovered quickly as retailers and logistics operators sought expansion space.
Bidwells has released its Summer 2020 Cambridgeshire industrial research which reveals that despite the unprecedented period, Grade A H1 take up approached levels recorded over the same period in 2019.
Bidwells has released its Summer 2020 Norfolk and Suffolk industrial research which reveals that despite the pandemic disruption, Norfolk industrial take up in 2020 will exceed
the long run trend for the first time in five years.
As the tech sector and associated businesses rise to the pressures and opportunity presented by the new reality of COVID-19, there was, inevitably, going to be a real world impact of the virtual change. This has been exemplified in the Milton Keynes office market. Read our blog to find out more.
Oxford, Cambridge and Milton Keynes have taken a central role in the fight against COVID-19, with science and tech a key driver of this continued activity. Read our blog discussing business activity across the Arc, the future science and tech hotspots, and the importance of collaboration in our knowledge economies.
The pandemic inevitably had an immediate impact on the London office market, as requirements were placed on hold. But, having entered the crisis from a robust position, the West End market has the capacity to work through the longer term implications of the ‘new normal’.