Industrial Databook Cambridgeshire - Summer 2022

Lack of floor space, with availability remaining below 2%

A notable lack of available space is posing a significant challenge for occupiers in Cambridge, currently dominated by retailers and a growing life sciences and technology sector.

Persistent take up and dwindling supply have supported rental growth, increasing 5.9% per annum since 2016.

A number of new schemes are under construction and attracting strong interest, but the volume will fall well short of requirements across all size bands. The supply demand imbalance is sustaining robust levels of investor and developer activity.