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June 29, 2022
HR Technologies

Demand for workspace in Oxford-Cambridge Arc set to soar

New research from Property Consultants Bidwells claims that up to 20 million sq ft of new lab and office space will be required in the Oxford-Cambridge Arc within the next two decades to keep pace with demand, twice the volume of the previous 20 years. The new report, ‘Oxford-Cambridge Arc Beyond the Covid-19 Crisis’, also estimates that the Arc will represent almost 11 percent of UK GVA by 2050, up from 6 percent today, equivalent to £100bn a year. However, the property consultancy has warned that a lack of new development and long-term strategic planning from Government is threatening to…
Demand for workspace in Oxford-Cambridge Arc set to soar

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