Cambridge has been one of the success stories of the past decade, but there are signs emerging that it needs to adopt new strategies to remain in a position of strength.
The Cambridge ecosystem that links entrepreneurs, investors and academics has resulted in the city becoming a leader in technology, life sciences and the emergent tech in between. Over the last ten years, the value of goods and services produced in the area has grown by 15%. But in tandem, pressures on the local property markets have continued to grow. Office rents are at £38 per sq. ft. per annum, a 52% increase over 10 years, while house prices have grown by 60% over the same period.
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Sarah Brereton, Director, Limewash
01223 813 557