Technology clusters provide opportunities for property investors

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There are clusters of technology companies in Cambridge and Silverstone; they need quality commercial workplaces, and this provides opportunities for commercial office investors.

Cambridge is the UK’s fastest growing city. The city has a reputation as a world-class excellence centre for

science and technology. This is partly due to the academic institutions in this University City. Academic institutions, businesses, and property investors are working together to support the growth of Cambridge business hubs.

The Chancellor has pledged to provide funds to develop the road and rail networks in the Cambridge area. This is seen as recognition of the area’s importance.

The area around the Silverstone car racing circuit is being developed for motorsport related and high-tech engineering businesses.

Cambridge and Silverstone are examples of places where businesses within the same broad business sector operate in the same business parks. There are also clusters in London and other cities. Property investors need to identify clusters and have the knowledge to deal with companies within a business sector and get to know what they want from commercial property. Ideally, the business sector needs to be growing at a similar rate to the technology sector. Another example of an increasing sector is online retailers who want warehouse near major city populations. These out of town warehouses may not be in high-density clusters like the technology sector, but they will not be far from each other.

There are many lenders providing commercial mortgages to purchase and develop property in cluster regions.

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