Cambridge Offices & Labs Databook - February 2026

Cambridge’s office market saw robust activity in 2025. Take up recorded its strongest year since 2021, returning to the long-term trend, with demand led by science and technology occupiers, with advanced research and AI having a growing influence on demand. Limited Grade A supply is maintaining upward pressure on prime rents.

While laboratory take-up remained below the long-term average, activity strengthened in the second half of the year, supported by international pharma and scaling university spin-outs. Availability will continue to rise in 2026, but with modest signs of recovery in venture capital funding, the depth of the local innovation pipeline provides a positive platform for market activity.