Report

Oxfordshire Industrial Databook - August 2024

21.8.24 DATABOOK

Our latest Databook provides an update on the Oxfordshire Industrial Market

Oxfordshire’s industrial market remained busy in the first half of 2024, thanks to its strategic location for distribution and its strength in high-tech manufacturing. Take-up totalled 387,600 sq ft, with a further 209,800 sq ft under offer at mid-year. Grade A space accounted for 76% of take-up, indicating that occupiers are prepared to pay for space which is efficient, sustainable and in the right location. We forecast that prime industrial rents in Oxfordshire will continue to increase over the next five years, given economic growth and limited new development.

388^k

Industrial take-up in Oxfordshire in H1 2024 in sq ft

18.5^{% pa}

Growth in Mid Tech prime rents since 2019

3.8^%

Availability rate in Oxfordshire edges higher

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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.

Duncan May

Partner, Business Space Agency

A dedicated surveyor with a 20 year track record of working within the Oxford market.

Industrial & Logistics

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Oxfordshire Industrial Databook - August 2024