Bidwells Summer 2018 'Our View on Offices and Labs 2018' reveals take up across Oxford, Milton Keynes and Cambridge has averaged 1.5m sq ft since 2012, with Cambridge and now Oxford benefitting from increased investment into the ‘knowledge based’ sectors of the economy.
The potential closures of large stores and the announcement of other retailers rationalising their property portfolio, like Homebase, will have a dramatic effect in terms of loss of jobs, the knock-on effect to other retailers nearby, the effect on suppliers, and the overall effect to the high street.
Bidwells’ Summer 2018 Oxfordshire Industrial databook paper reports take-up reached a peak level of 439,800 sq ft in 2018 H1; the highest six monthly total on record. Download our research paper to find out more.
Bidwells’ Summer 2018 Norfolk/Suffolk Offices databook paper reports the availability rate falls to 4.5%. With 0.5m sq ft lost to other uses and insufficient new stock coming online, take-up in the city has slowed. Download our research paper to find out more.