Changes in how offices are being occupied are structural and permanent and not cyclical and are creating a new reality which landlords must respond to, while new development has simply ground to a halt.
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Brunel Securities is planning four new industrial/warehouse buildings, totalling 7,161 sq m at Barnard Green at Bicester.
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A planning application is expected next month for a rare development of 17,000 sq ft of offices and 3,500 sq ft of retail in Oxford City Centre.
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Cambridge and Guildford top the list of the UK’s most resilient retail locations, with Oxford coming in at number five, according to Cushman & Wakefield, which has ranked the viability and performance of 250 High Streets outside Central London.
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Take-up in the Thames Valley office market stayed steady at 415,128 Sq ft in Q1 2018, compared to 430,502 sq ft in Q1 2017 and 449,121 sq ft in the previous quarter Q4 2017, while enquiry levels have hit their highest level for six years, according to LSH's latest Thames Valley Office Pulse.
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Brexit should be viewed as a massive opportunity for Oxfordshire’s Science Vale, delegates were told at last week’s property festival.
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