It is now widely recognised that science and innovation is vital to economic growth and wealth creation, with communities of knowledge-based organisations crucial to delivering competitive advantage. Cushman & Wakefield brings a detailed understanding of the drivers needed for success in this field and has over 25 years' experience working with universities, government research centres, research councils and knowledge-based corporates.
The multiple objectives of science parks reflect the diversity of stakeholders that are involved in their development. Investors and developers require return on investment, public sector partners seek to leverage wider economic development, and university partners utilise science parks to support the commercialisation of academic research and generate opportunities for collaborative research with the commercial sectors.
Cushman & Wakefield has worked with stakeholders across all stages of the science park development process and its end-to-end solutions span initial feasibility and market demand assessments, advising on university and commercial strategies through to occupier marketing. Cushman & Wakefield is accustomed to advising clients on the use of the optimal development vehicles, including Special Purpose Vehicles (SPVs), to deliver master plans and its assignments typically include working to set up joint venture, strategic partnership or statutory delivery vehicles.
Cushman & Wakefield has a strong track record in advising on all of these aspects of science park development both in the UK and overseas with over 25 years of experience. On a global basis, Cushman & Wakefield has over 47,000 staff operating in 208 cities in 52 countries worldwide. The Cushman & Wakefield Education and Innovation team brings together higher education and innovation specialists, development surveyors, building consultants, town planners, accountants, regeneration specialists and agency teams – all of whom are supported by an unrivalled international research team.
Cushman & Wakefield's client base includes universities, the UK research councils and research institutes, national governments (in the UK and overseas), development agencies, local authorities and developers, property investors, fund holders and occupiers.