Arc Market Databook - Oxfordshire Industrial, Autumn 2021

However, with requirements remaining at close to an historic high, particularly for floorplates of over 50,000 sq ft, many of the buildings coming forward are already pre-let or under offer. The shortage of smaller units, that are in high demand by the cluster’s science and technology ecosystem, has the potential to place a break on business growth and the release of space from incubator facilities.

The market imbalance will be reflected in a sharp uptick in rents this year, with a tempering in pace as further stock comes forward.