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UK Cities: Data sheet Cambridge

KEY INVESTMENT OPPORTUNITY

Cambridge Compass Enterprise Zone encompasses five sites in the Cambridge area, with opportunities for offices, R&D, and warehouse development.

INVESTOR INTEREST

Aviva Investors has agreed to pay £87m to forward fund a 163,000 sq ft grade-A office at CB1 in Cambridge city centre. It will be the largest office to be developed in the city. Life science research firm Abcam has prelet 100,000 sq ft at Liberty Property Trust and Countryside’s Biomedical Campus for its global headquarters. Video game developer Frontier Developments is taking 68,000 sq ft at Trinity College’s 26 Cambridge Science Park and Amazon is taking 60,000 sq ft at Brookgate’s CB1 in the city centre.

CONNECTIVITY

Cambridge is 45 minutes by train from London and there are plans for an Oxford-Cambridge rail link. London Stansted Airport is 25 minutes away.

WHO TO KNOW

Mark Reeve, chairman of the greater Cambridge Greater Peterborough LEP and Lewis Herbert, Cambridge City Council leader. Will elect a metro mayor in May 2017 under the Peterborough and Cambridgeshire city region.

IN THE KNOW

A historic city with a world-renowned university. Every year the University of Cambridge competes with Oxford University in a boat race on the Thames in London. Punting on the River Cam is popular with tourists and students.

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SEE ALSO: Midlands and East England data sheets

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