Cambridge office vacancies, which are 6.3%, have been trending considerably lower than in the wider UK, thanks to demand from science and tech tenants seeking access to the city's talent pool. Many jobs in the university city and renowned innovation hub cannot be done remotely, meaning occupancy is better here than in other major office markets.
Spotlight on Cambridge: Science and tech demand limits office vacancies, but average rental growth has declined
Demand focused on science parks as options for large requirements remain limited
CoStar Analytics
September 24, 2024 | 6:00 AM
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IN THIS ARTICLE
- Properties
- Somerville Building
Granta Park, Great Abington, CAM
- Jupiter House
10 Station Rd, Cambridge, CAM
- South Cambridge Science Centre
10 Grove Rd, Cambridge, CAM
- 1000 Discovery Drive
Dame Mary Archer Way, Cambridge, CAM