Report

Offices & Labs Databook M1 South - August 2025

30.7.25 5 MIN READ

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Office demand in Milton Keynes surged to a seven-year high in the first half of 2025, spurred by major regional developments like the proposed Universal Studios theme park.

While take-up dipped and secondary space pushed availability up to 16.3%, prime rents climbed to a record £38.50 psf and requirements soared to over 460,000 sq ft. With 64,000 sq ft already under offer and a major refurbishment at Verve in the pipeline, the city’s office market signals strong potential for recovery and growth. Explore the full Arc Market Databook for insight into development, investment trends and what’s driving the resurgence in demand.

86k sq ft

Take up fell in the first half of 2025, but a further 64k sq ft was under offer at the end of June

461k sq ft

Office demand hits seven year high in 2025 H1

16.3%

Increase in availability due to secondary space, while supply of Grade A space remains stable

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300239

Holly Dawson

Partner, Business Space Agency

Operating throughout the Oxford Arc, Holly focuses on unlocking the potential of commercial properties across dynamic science and technology hubs.

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101012

Saul Western

Partner, Head of Commercial

Providing thorough and professional investment advice across the golden triangle and beyond.

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Search Bidwells