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28 March 2024
Matt Smith and Rory Maw

Science Superpower: The Oxford Science Park expands and appoints DTRE as joint agents

The Oxford Science Park (TOSP), one of the world’s leading powerhouses for science and technology companies, has instructed DTRE as joint agents.

Isaac Newton, Rosalind Franklin, Alan Turing… Throughout history, the UK has had its fare share of great minds. Fruitful and fertile land, the discoveries made by these great British minds have enlightened the world with knowledge, propelling us into the modern times.

When looking to preserve, boost and foster these invaluable individuals and their research, the United Kingdom can count on some of its most prestigious establishments, such as The Oxford University and The Oxford Science Park, one of the world’s leading powerhouses for science and technology companies.

A Space for Science

The Oxford Science Park (TOSP) has instructed DTRE as joint agents with Cushman & Wakefield to advise on and manage the leasing of over 600,000 sq. ft. of office and laboratory space, as well as future developments totalling over 650,000 sq. ft..

DTRE is an award-winning, independent commercial property adviser specialising in industrials, logistics, science & technology, and offices. The Science and Technology team operates across the Golden Triangle and has been instructed by the likes of BioMed Realty, Mission Street, Kadans Science Partner, Abstract Securities, LS Estates and Oaktree to provide data-driven leasing strategy and development advisory services across four million square feet of research and development space.

The newly-completed Iversen Building, which provides 88,000 sq. ft. of genuinely lab-ready space, is the latest addition to the Park. It joins 15 other high-quality properties within TOSP, which are available to bespoke specifications, with adaptable layouts to facilitate the full spectrum of laboratory and office requirements.

“The enormous demand for specialist space in the UK is showing no signs of waning and The Oxford Science Park has been essential to filling the supply void,” says Matt Smith, Head of Science & Technology at DTRE.

Oxford, London, and the world

The world’s leading academic institution for the last seven years, Oxford University excels in the fields of medical science, biochemistry and computer science. The university is the UK’s most prolific filer of patents and has received the largest share of funding grants in recent years. In recent decades it has seen over 150 life science spinouts including Oxford Nanopore, which is based at the Park.

TOSP sits just three miles from this community and less than an hour from London’s expansive network of initiators and investors. It is already home to close to 100 leading research-led companies, many of which played a critical role in the fight against COVID-19.

The Park is also the new Oxford home for the Ellison Institute of Technology, a major international research and development organisation which is seeking to accelerate innovation in medical science and healthcare, food security and sustainable agriculture, clean energy and climate change, and government policy and economics.

“We are delighted to be working with DTRE as the Park enters an exciting phase of development.” says Rory Maw, CEO of The Oxford Science Park.