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Varsity blues: Oxford’s vacancy rate jumps to a 20-year high despite strong leasing

CoStar digs into the key trends
CoStar Analytics
March 20, 2026 | 12:20 P.M.

Oxford’s position as a leading centre for science, research and innovation has generated strong demand growth over the past eight years and prompted a wave of new supply. The unprecedented acquisition at the end of last year by the Ellison Institute of Technology at Oxford Science Park has dominated the headlines, but masks a pause in wider market momentum. Here are some of the key themes:

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News | Varsity blues: Oxford’s vacancy rate jumps to a 20-year high despite strong leasing