The BioData Innovation Centre was built by the Wellcome Trust at their Genome Campus in Hinxton, Cambridge. The centre is located alongside world leading research activity in genomics and big data and the team managing the facility wanted to ensure they were letting the space on appropriate market terms.
We have used our market knowledge to advise on the market rent applicable for the space taking into account the specification of the space, items included in the commercial offer, the quality of the wider campus and the nature of tenure. We have analysed comparable locations using our detailed knowledge and relationships to ensure each offer can be properly compared.
The client has been able to ensure the value of the space is regularly updated to meet financial and regulatory requirements.