Arc Market Databook Offices & Labs Oxfordshire - Spring 2022

Laboratory take-up in 2021 reached record level

As the race for laboratory space gathers momentum, science and business parks are welcoming the opportunity to take back office space for potential repurposing for fitted or lab enabled space.

This has been facilitated by office based businesses refocusing their attention on high quality, centrally located space, suitable for new operational models.

Our Oxford latest cluster analysis demonstrates the growth of R&D across Oxford, in particular life science occupiers. Investor interest in the city has tracked this shift, with 2021 seeing transactions totalling almost £600m, including future development funding