The economy is now slowly beginning to emerge from the depths of the lockdown but the legacy of COVID-19 will be lasting scars both on the macro economy in general and the commercial property market.
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Research by Bidwells has shown spiralling rents for research space in Oxfordshire.
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Analysis shows £181 million was transacted, 61 per cent above the year-end total for 2018, and 43 per cent up on the 10-year average.
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Almost 10 years after it was first proposed, the Oxford North development has won approval from councillors.
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The Brexit impasse is contributing to perceptions that the UK Commercial Property Market is in the downturn phase of the property cycle, according to the Q3 2019 RICS UK Commercial Property Market Survey.
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Rental values in the UK prime commercial property market rose slightly in the third quarter driven by a strong performance in the industrial sector.
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