Oxford Industrial Databook - Spring 2023
Our latest Databook provides an update on the Oxford Industrial Market
Third year of above trend take up.
Take up in the Oxford industrial market remained above the 10 year average for the third year in succession with lettings of 542,800 sq ft in 2022.
Logistics space remains in high demand, but availability continues to limit opportunities for operators. However, the science and tech sector is of growing significance, accounting for 52% of take up in 2022.
Prime rents increased by 11.1% in 2022 to £20.00 psf, reflecting growth of 86% over the past three years.