Press Release
CBRE Appointed to Market Client’s Interest in Milton Park
September 23, 2026
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CBRE has been appointed on behalf of a client of Federated Hermes, to sell their interest in Milton Park, the largest single-ownership innovation park in the UK with a total enterprise value of £800m.
Milton Park comprises 2.9m sq ft of innovation space across 87 buildings on 302 freehold acres. It boasts more than 1.2m sq ft of industrial and logistics space, 638,000 sq ft of lab space and over 500,000 sq ft of traditional office space. It is home to more than 280 science, technology and logistics occupiers, ranging from healthtech, fusion energy, quantum, agritech to distribution and advanced engineering.
Milton Park sits just south of Oxford, close to Didcot Parkway station. The park is at the heart of Science Vale, a globally recognised science and innovation ecosystem with deep expertise in space, energy, life sciences, AI, quantum and deep technologies, backed by world-class research assets and one of the UK's highest concentrations of R&D employment. The park offers a ring-fenced 22 MVA power capacity, a Local Development Order that fast-tracks compliant proposals to full planning permission in ten days and Enterprise Zone status, with business rates retained for local reinvestment.
This is the first time Milton Park has been openly marketed since 1984.
This is an exceptionally rare opportunity to gain access to the Oxford innovation ecosystem at scale, together with a 20-year track record of very strong rental and capital growth delivered through development, asset management and placemaking. It will suit those with clear, long-term ambitions centred around Oxford’s impressive record of science, technology and innovation growth.
Science and innovation leasing activity across The Golden Triangle continues to sit above the long-term average, with take-up climbing to 441,200 sq ft in H1 2026, significantly up on the same period last year. When split by market, Oxford accounted for almost two-thirds (65%) of take-up in the four quarters to end of Q2 2026, cementing its position at the heart of the sector.
Oxford has built a globally recognised life sciences cluster, but its real advantage is much broader than that with Oxford University spinouts now raising significant funding. Milton Park brings together science, technology and entrepreneurship in a way few locations can match, creating opportunities for companies not only in life sciences, but across AI, quantum, engineering and other frontier technologies too.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.co.uk.