The office market in Cambridgeshire is flourishing as rents head towards the £50 psf level but a shortage of available land could hamper future growth, according to Bidwells senior surveyor George Craig.
Bidwells leads the Cambridgeshire On-Demand Rankings for transacted space, with 822,813 sq ft disposed so far this year. It is a market led by the technology cluster that has formed around Cambridge University which seeks to attract the best talent the various colleges produce.
One of the biggest success stories this year has been Roku, which specialises in streaming services including Peloton, whose growth through the pandemic has seen it expand from 20,000 sq ft to 116,000 sq ft. Craig expects the £50 psf barrier to be broken early in the new year, but says landlords will need to think creatively about repurposing existing stock as land is in short supply.
Dealmaker of the Month: Kaine Arkinson, Shepherd Commercial
Supporting social mobility in real estate
The future of single-family housing: trends and predictions
Harnessing off-site biodiversity units: the key to a successful BNG strategy
Dealmaker of the Month: Rob Elman, Belcor
'Participate, participate, participate' - the importance of having your voices heard in EG's LGBTQ+ survey
Voice of the Region Live: West Midlands – Uneasy as EPC
Voice of the Region: West Yorkshire – The unstoppable deal machine
Dealmaker of the Month: Jamie Lamond, Watling Real Estate
Redefining how real estate uses tech to address the climate challenge
Driving a better experience in the workplace
Voice of the Region: Hampshire – Retail reinvented
The great workplace reset
Dealmaker of the Month: John Proctor, FHP
School of Hard Knocks: Serial founder Neil Sinclair
In on the Act: Daniel Black discusses differences between English and Scottish law
Voice of the Region: Glasgow – Captain of industry
School of Hard Knocks: Canary Wharf Group’s Jane Hollinshead
School of Hard Knocks: JLL’s Katie Kopec
Bricks & Mortar: RICS Matrics Surveyor of the Year, Carolyn Brady discusses her career in property
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money