May 3, 2024
Oxford rents poised to surge as office and lab space dwindles
Oxford’s thriving science and technology sector is facing a potential hurdle: a critical shortage of office and laboratory space. According to a new report by property consultancy Vail Williams, this scarcity could send rents spiralling upwards in the coming year. The report paints a concerning picture. The city, it suggests, has just about enough Grade A office and lab space to meet demand from life sciences and biotech companies for the next year. This limited supply is a stark contrast to the high demand, particularly considering the strong take-up figures from last year, which saw around 420,000 square feet of lab space leased. (more…)
April 4, 2024
When it comes to the carbon conundrum, real change will come from collaboration
by Roger Olsen • Comment, Environment, Facilities management, Property, Wellbeing