Average office rents in the varsity cities of Oxford and Cambridge have grown steadily in recent years, but Cambridge has been the clear winner. Rental levels were roughly the same in 2007, but in recent years Cambridge rents have grown at a much faster rate. Average rents in Cambridge are now around £26 per sq ft in Q4 2019, £6 per sq ft (or 30%) higher than in Oxford.
UK Label: Rent gap between Cambridge and Oxford widens : 4/29/2024
The difference in average office rents in the two varsity cities has widened to almost £6 per sq ft
By Shilpy Wagh
CoStar Analytics29 April 2024 | 13:24
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalised Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In