Oxfordshire Industrial Databook - March 2025

High-quality space and major investments fuel market momentum

Industrial take up was driven by the big box sector accounting for 60% of floorspace let. The delivery of new floorspace over the last 12 months is reflected in activity with grade A space representing 90% of leasing activity. Big box occupiers will also benefit from options across the M40 market with the delivery of new units.

The R&D and tech sectors were also key drivers of the market, exemplified by Siemens Healthineers investing £250m for the development of a new 603,000 sq ft manufacturing facility at Symmetry Park in Bicester. This segment of the market has seen requirements remain stable and will be supported by the delivery on new mid-tech floorspace which now accounts for over a third of supply.