Oxford office demand reached a record high in 2019, shrugging off economic and political uncertainty
Bidwells' latest research reveals a fall in the Oxford office availability rate to 7% while requirements rise to 1.1 million sq ft, pushing prime rents to a new record high.
Science and technology businesses were responsible for two-thirds of lettings by floorspace.
With rapid growth of the science and technology sector, combined with greater clarity in the wider political backdrop, Bidwells predicts demand and rental pressures will persist.
Download our research paper to find out more, and our predictions for the year ahead and beyond.
£46.50psf
prime office rents rise by
24.3% in 2019
1.1m
sq ft of requirements
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