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CoStar Analysis: Spotlight on Cheltenham & Gloucester office

Following Cheltenham Borough Council’s recent acquisition of 45 hectares of land for a new cyber business park development, CoStar analyses the current state of the market.
Office net absorption, net deliveries and vacancy in Cheltenham & Gloucester
Office net absorption, net deliveries and vacancy in Cheltenham & Gloucester
By Rad Radev
CoStar Analytics
September 4, 2019 | 10:47 AM

Cheltenham Borough Council’s purchase of 45 hectares of land for £37.5m as reported in CoStar News marked a significant step to bringing the Cyber Central scheme to life, which will see a new cyber business park and up to 3,000 homes. Developed in partnership with Tewkesbury Borough Council, Gloucestershire County Council and GFirst LEP, Cyber Central will include Cheltenham’s Cyber Innovation Centre which was announced in the Government’s Spending Review in 2015.

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