Arc Market Databook Cambridgeshire Offices and Labs - Summer 2021

The last six months has seen a sharp increase in requirements in the Cambridge office and laboratory market, with a particular upswing in companies seeking +50,000 sq ft floorplate space.

Robust take up and a significant volume of both office and laboratory space under offer at the end of H1 will deplete supply despite a number of significant completions. The laboratory market is particularly challenged with the availability rate is expected to move little from its current historic low.

The intense pace of occupational demand has underpinned investor demand, the first six months of the year seeing sale volumes outpace 2020 as a whole.