Science and innovation leasing across the United Kingdom’s Golden Triangle — between London, Oxford and Cambridge — reached 234,779 square feet in the first quarter of the year, according to Knight Frank, 43.2 percent above the five-year average and 6 percent ahead of the same period in 2025.
Cambridge recorded 166,689 square feet of take-up in first quarter 2026, its strongest quarter on record and more than 200 percent above the five-year quarterly average of 55,267 square feet.
While total first quarter Golden Triangle science and innovation take-up lagged the exceptional 610,350 square feet recorded in fourth quarter 2025 — a period skewed by the Ellison Institute transactions at Oxford Science Park — the underlying picture showcases continued demand for suitable lab and office space across the Golden Triangle.
The quarter was anchored by Cambridge Aerospace's 81,528 square-foot leasing at Bourne Quarter and Bruntwood SciTech's 41,000-square-foot l