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
Demand for workspace in Oxford-Cambridge Arc set to soar
