Despite uncertainty, we remain optimistic for the year ahead

replica Purse Examples include Enplas Corporation, a Japanese life sciences and engineering firm, 1,515 sq ft (140 sq m) at Chesterford Research Park and SBM Life Science, a French company acquired by Bayer Environmental Science, 4,571 sq ft (424 sq m) at Technopark earlier this year.Despite ongoing demand for space from new and existing occupiers, Savills says Cambridge continues to face a shortage of stock both in the city centre and in the parks to the north and south.Looking forward, a number of speculative schemes are expected to start in 2017, including 163,000 sq ft (15,143 sq m) at Brookgate’s CB1, the Morris Wilkes Building, which will provide 63,000 sq ft (5,852 sq m) of Grade A space at St John’s Innovation Park and 200,000 sq ft (18,580 sq m) of upcoming development at Cambridge Science Park. On completion, this should help to satisfy a number of ongoing requirements in the long term, Savills says.However, while supply remains tight rents have continued to rise, hitting per sq ft ( per sq m) in the city centre and as much as per sq ft ( per sq m) at Cambridge Science Park.Savills predicts that rents are likely to increase further still, particularly in the northern cluster, when the new railway station at Chesterton opens in 2017.Rob Sadler adds: “2017 is set to be an interesting year as we continue to experience the aftermath of Brexit and on a more local level face the possibility of devolution and the implications of the Cambridge City Deal. Despite uncertainty, we remain optimistic for the year ahead and believe that the city will maintain its appeal as an international business hub proven by the upcoming development activity and the strength of both new and existing requirements.”Like us on FacebookFollow us on TwitterDaily Newsletter NewsWhy AstraZeneca’s move to Cambridge has been delayedThe pharmaceutical giant had been due to start moving atff next yearFacebookThis is how much time you spend procrastinating at workThose ‘Facebook breaks’ soon add up News Excellence Award winners where are they now?Jenny Chapman looks back at some of our past Excellence Award winnersThe JunctionHappy birthday Raspberry Pi: Cambridge’s computing sensation turns fiveA weekend of digital fun is in store for Pi fansGranta ParkHow to enter the Cambridge News Excellence Awards 2019It takes just five minutes to nominate NewsThe top 100 companies in Cambridgeshire by turnover in 2018Accountancy firm Grant Thornton’s annual Cambridgeshire Ltd report surveys the top 100 companies, by turnover, in the county each yearCambridge NewsPictures show first glimpse of planned offices on new 2,000 job business parkPlans for the Unity Campus business park near Sawston were given the go ahead in January. replica Purse

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