Skip to main content
Facilitate Magazine: Informing Workplace and Facilities Management Professionals - return to the homepage Facilitate magazine logo
  • Search
  • Visit Facilitate Magazine on Facebook
  • Visit Facilitate Magazine on LinkedIn
  • Visit @Facilitate_Mag on Twitter
Visit the website of the Institute of Workplace and Facilities Management Logo of the Institute of Workplace and Facilities Management

Main navigation

  • Home
  • News
    • Comment
    • People
    • Reports
    • Research
  • Features
    • Analysis
    • Features
    • Round Tables
    • Webinars
  • Outsourcing
    • Contract Finder
    • Contracts
    • FM Business Models
    • Interviews
    • Mergers & Acquisitions
    • Opinion
    • Procurement
    • Trends
  • Know-How
    • Explainers
    • Legal Updates
    • White Papers
  • Jobs
  • Topics
    • Workplace Services
      • Hospitality
      • Catering
      • Cleaning
      • Front of House
      • Grounds Maintenance
      • Helpdesk
      • Mailroom
      • Manned Guarding / Security
      • Pest Control
      • Washroom Services
      • Disaster Recovery
      • Specialist Services
    • Professional Performance
      • Behavioural Change
      • Continual Professional Development
      • Education
      • Management
      • Recruitment
      • Training
    • Workplace Performance
      • Benchmarking
      • Health & Wellbeing
      • Operational Readiness
      • Procurement
      • Security
      • Workplace User Experience
      • Workplace Culture
    • Compliance
      • Health & Safety
      • Risk & Business Continuity
      • Standards
      • Statutory Compliance
    • Building Services
      • Architecture & Construction
      • Asset Management
      • Building Controls
      • Building Fabric
      • Drinking Water
      • Fire Protection
      • HVAC
      • Landscaping
      • Mechanical & Electrical
      • Building Security
      • Water, Drainage & Plumbing
    • Technology
      • Building Information Modelling
      • CAFM
      • Data & Networks
      • Document Management
      • Information Management
      • Internet of Things (IoT)
      • Software & Systems
    • Energy management
      • Energy Management Systems
      • Electricity
      • Gas
      • Solar
      • Wind
    • Sustainability
      • Environmental Quality
      • Social Value
      • Waste Management
      • Recycling
    • Workspace Design
      • Agile Working
      • Fit-Out & Refurbishment
      • Inclusive Access
      • Lighting
      • Office Interiors
      • Signage
      • Space Planning
      • Storage
      • Vehicle Management / Parking
      • Washroom
    • Sectors
      • Corporate Office
      • Education
      • Healthcare
      • Manufacturing
      • International
      • Retail
      • Sports & Leisure
      • Regions
  • Buyers' Guide
Quick links:
  • Home
  • Sections
  • News

Oxford sees high take-up of industrial space despite pandemic

Open-access content Tuesday 13th April 2021
Authors
Herpreet Kaur Grewal
web_generic-commercial-building_credit_SFIO CRACHO_shutterstock_221616010.png

Shutterstock

Demand for industrial space in Oxfordshire has reached record levels, resulting in a significant increase in supply, according to a new report.

Bidwells Spring 2021 Oxfordshire report reveals that owing to intense activity in 2020, Oxford has shown robust growth with 27 per cent take-up compared with 2019, bringing the area 43 per cent ahead of the 10-year trend. As a result of this demand, rents have reached a new high of £15.00 per square foot. 

The acceleration of online retailing because of the pandemic has resulted in the distribution demand, taking up most of this activity. The Oxfordshire market has also had a strong take-up from the science and technology sectors during the later months of 2020.

Supply has increased to meet these record levels, with an 8.9 per cent industrial availability rate available. Availability of space moved up to 774,600sq ft, primarily owing to the completion of 311,298sq ft across two units at Didcot Quarter, aiding with meeting demand.

As industrial take-up booms, the Oxfordshire industrial market has recorded its second-highest six months take- up figure in H2 2020 despite the challenges of lockdown and the transition period out of the European Union.

Activity in the first half of the year was particularly quiet, with only 107,500sq ft registered, however, H2 had a significant increase of 437,200sq ft as the demand grew and continues to do so.

Sue Foxley, research director at Bidwells, said: "Lack of larger transactions holds back activity in Oxfordshire industrial market. The industrial investment market in Oxfordshire remained quiet in 2020, with total activity of £23.6m significantly below the previous year's total transactions of £112.4m. Prime industrial yields in Oxford have continued to harden over the past five years, ending 2020 at 4.25 per cent, reflecting the market's increasing concentration of science and tech occupiers." 
 

Image credit | Shutterstock

Filed in
News

You might also like...

Share
  • Twitter
  • Facebook
  • Linked in
  • Mail
  • Print

Today's top reads

 

Latest Jobs

Head of Facilities

Norwich
Market competitive salary with excellent benefits package
Reference
59397

Deputy Director of Estate Services

Newcastle-under-Lyme
£75,000 per annum
Reference
59396

Health and Safety Manager

London (Central)
£50,000
Reference
59394
See all jobs »

 

 

Sign up to our newsletter

News, jobs and updates

Sign up

Subscribe to print

Sign up to receive our bi-monthly magazine

Subscribe
Facilitate magazine cover, June 2020
​
FOLLOW US
@Facilitate_Mag
Facilitate Magazine
Facilitate Magazine
CONTACT US
Contact us
Tel: 020 7880 6200
​

IWFM

About IWFM
Become a member
Qualifications
Events

Information

Privacy Policy
Terms & Conditions
Cookie Policy
Think Green

Get in touch

Contact us
Advertise with us
Subscribe to Facilitate Magazine
Write for Facilitate Magazine

General

IWFM Jobs
Help

© 2023 • www.facilitatemagazine.com and Facilitate Magazine are published by Redactive Media Group. All rights reserved. Reproduction of any part is not allowed without written permission.

Redactive Media Group Ltd, 71-75 Shelton Street, London WC2H 9JQ