Report

Cambridgeshire Industrial Databook - August 2024

21.8.24 DATABOOK

Our latest Databook provides an update on the Cambridgeshire Industrial Market

The growth of Cambridge’s science and tech cluster and low levels of new industrial development mean that demand far exceeds supply. Total requirements for industrial space in Cambridgeshire were six times higher than the amount of available space at end-June 2024. There is a particular shortage of units >50,000 sq ft and this raises the possibility that some “non-science” occupiers will start to look elsewhere. Prime industrial rentals are likely to start rising again in 2025, following a pause this year.

159^k

Take up of industrial floor space in H1 2024 in Cambridge

3^%

Supply of industrial floor space remains tight with availability rate close to historical lows

237^k

New Mid Tech space under construction, with delivery in H1 2025 in sq ft

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Sue Foxley

Research Director

Sue leads a dynamic programme of research at Bidwells. Working with her colleague Mark Callender, she is particularly focused on the real estate implications of the science and technology sector.

Saul Western

Partner, Head of Commercial

Providing thorough and professional investment advice across the golden triangle and beyond.

Patrick Stanton

Partner, Head of Logistics and Industrial

Bidwells’ big box specialist transacted more space last year than any other industrial and logistics agent across the whole of East Anglia.

Industrial & Logistics

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Cambridgeshire Industrial Databook - August 2024