Our View on Oxfordshire Offices and Labs - Summer 2020
Despite the extraordinary period of recent months, Oxford’s office market has shown remarkable resilience.
Bidwells' latest research reveals that take-up was in line with the same period last year, with 117,600 sq ft of lettings, just marginally below the 10 year average.
Supply tightened to 537,600 sq ft pushing down the availability rate, despite a number of new schemes coming to the market. While some larger requirements were placed on hold in the wake of the crisis, demand stands well ahead of the long run average and current availability.
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