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No longer the poor relative of its Surrey neighbours, Woking has successfully attracted several new occupiers including Verint, BOC, and IDBS from the likes of Weybridge and Guildford thanks to fresh investment from the private and public sector.
Woking has now successfully positioned itself as a key South East office market, with take-up across 2020 / 2021 exceeding the previous two non-Covid-19 years by +6.8%.
Woking Borough Council has been instrumental in accelerating Woking’s position. Public sector investment into the public realm and commercial space has given the private sector the confidence to match investment and speculative development levels.
Prime rent has grown significantly in recent years, as best-in-class product like the Forge have been delivered, achieving rents of £37.00 psf.
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