Cambridge’s office market had its best first half since 2019, with 241,000 sq ft of take-up driven by tech demand, led by Arm’s 95,000 sq ft expansion at The Optic. Availability held at 13.1%, but limited new supply suggests tightening ahead. In contrast, lab activity was subdued, with start-ups cautious despite a recovery in venture funding. Availability rose to 13.2%, though several new lab schemes completed, including The Press and South Cambridge Science Centre, with more due in 2026.
Investment activity slowed to £23 million in H1, but yields remained stable, reflecting confidence in future growth. Bidwells played a key role in major deals, including lettings at Co-Labs, Old Swiss, and strategic acquisitions, underscoring ongoing demand in Cambridge’s innovation sector.
