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Bidwells LLP

Real Estate/Property Consultancy/Property Development

Website
https://www.bidwells.co.uk/
Membership category
Associate

Bidwell House, Trumpington Road, Trumpington, Cambridge, CB2 9LD, United Kingdom

Bidwells LLP at a glance

We provide the UK’s most sustainable and innovative property advice, working with visionary clients to shape the future of our environment.

About Bidwells LLP

Bidwells is a leading real estate consultancy, deeply embedded in the science and technology sector for over five decades. Our journey began with the iconic development of Cambridge Science Park with Trinity College in the early 1970s. Today, we’re advising on more than 60 science parks and innovation districts. We specialise in working with science and technology businesses, science park owners, developers, and major university spin-out investment funds across the UK and internationally. Our expertise encompasses R&D labs, offices, manufacturing facilities, and data centres. At the forefront of the UK’s burgeoning knowledge economy, Bidwells offers tailored solutions, from finding and fitting out bespoke spaces to negotiating the best commercial terms, ensuring our clients can focus on innovation and growth. Our deep market insight and international network make us the go-to advisor in science and technology real estate.

Articles Bidwells LLP has contributed to

20 August 2024

Bidwells offices & labs data book Cambridge

The convergence between science and tech is increasingly evident in the Cambridge market with tech companies responsible for two-thirds of office take up in H1. Overall, 90% of office and lab lettings were by companies operating in the knowledge intensive sectors. The lab market remains cautious, but requirements for smaller floorplate space increased in H1, while several previously stalled, significantly larger transactions are now making progress. This will drive take up over the next couple of years as the high quality development schemes across the market come forward.

Sector Opportunities
20 August 2024

Bidwells Offices & labs data book M1 South

Milton Keynes' central location within the Arc and relative affordability make it an attractive base and the inflow of new companies into the city has offset the impact of downsizing by existing occupiers. Office take-up in the first half of 2024 was in line with the pre-pandemic average and the lack of new development means that availability is under control at 11.5%. Prime office rents are likely to hold steady this year, before seeing renewed growth in 2025.

Sector Opportunities
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20 August 2024

Bidwells offices & labs data book Norfolk & Suffolk

Availability in the Norwich office market fell again last year and prime rents rose. We believe that prime yields at 10.5% provide an attractive entry point for investors looking to deploy capital. Office take-up in Norwich in the first half of 2024 was in line with the long-term average. While financial and business services companies were relatively quiet, the gap was filled by occupiers in education, healthcare and off-shore wind. The limited amount of Grade A space and lack of new development is putting upward pressure on prime rents and we expect them to increase by 5% p.a. between mid-2024 and end-2029. Prime office yields in Norwich at 11% provide an attractive entry point for investors looking to deploy capital.

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