2020 proved a remarkable year for the Bidwells’ Logistics and Industrial team after surpassing their 2019 record achievement by almost 1.75m sq ft. The team completed a staggering 3,281,352 sq ft of big box (>100,000 sq ft) deals across the region. Such incredible numbers reflect a booming sector, transformed through the impacts of online retail, Covid-19, and Brexit.
Bidwells has advised Brookgate on securing funding for a new development at 20 Station Road, part of the CB1 Estate in Cambridge, from Aviva Investors, the global asset management business of Aviva plc, and Canadian pension investment manager, PSP Investments.
Bidwells entered Campbell Wharf, in central Milton Keynes, into this year’s prestigious Royal Town Planning Institute (RTPI) South East Awards for Planning Excellence. We were announced as the winner of the award at the online ceremony premiered on YouTube on November 16.
We now estimate that organisations within Oxfordshire’s Science & Tech community have raised over £1bn in funding to date during 2020. This is a record breaking figure and shows the true strength of the technology, R&D and life science ecosystem within the region.
First Base has acquired Saxon Court in Milton Keynes, a landmark office building with adjacent development site. Funded by Patron Capital, the pan-European institutional real estate investor, First Base is planning to create a new Grade A office hub with flexible workspace, Build-to-Rent homes, retail and community spaces in the heart of the city.
One of the most multi-layered transactions during the recent COVID-19 lockdown has resulted in Bidwells and Knight Frank brokering a deal involving a surrender and new lease on a 189,687 sq ft warehouse on Kingston Park, Peterborough.