Bicester Motion has appointed Savills as its joint commercial leasing agency to work with incumbent Adalta Real.
Savills Oxford will provide in-depth knowledge of advanced manufacturing and technology companies looking to relocate and grow in the heart of Motorsport Valley, while Savills’ national Automotive and Science teams will provide support across the automotive and future mobility sectors.
Savills’ appointment is part of Bicester Motion’s continued strategy to invest in the estate and deliver new HQ buildings to boost pioneering future-mobility discovery and attract new companies to its thriving advanced manufacturing ecosystem.
The shared focus will be on phase two of The Ranges, four new prestigious HQ buildings specifically for future mobility design, light manufacturing, research and development and will total 124,000 sq ft (11,520 sq m).
Phase one has recently completed, and the first building has been handed over to YASA. The University of Oxford spin-out is wholly owned by the Mercedes-Benz Group and at the forefront of pioneering electric drive technology. Fit out of its 90,000 sq ft (8,361 sq m) bespoke building will begin soon.
YASA joins the 50-strong business community that includes Sauber Motorsport, Polestar’s UK HQ, Motorsport UK, Skyports Infrastructure, and record-breaking synthetic fuel manufacturer Zero, among many other brands.
Daniel Geoghegan, chief executive officer, Bicester Motion said: “The appointment of Savills Oxford and Savills Automotive underscores our ambitious growth strategy and commitment to our continued investment in our distinctive and pioneering future mobility community. With its wealth of expertise, the Savills team offers unrivalled knowledge of both national and international automotive manufacturers that are at the forefront of the transition to net zero emissions. We look forward to integrating them alongside Adalta Real, as we collectively strive to spearhead advancements in sustainable mobility and drive meaningful change within the industry.”
Charles Rowton-Lee, director in the commercial agency team, Savills Oxford added: “We are immensely proud to have been selected to represent the remarkable Bicester Motion, a hub of automotive innovation that is both thrilling and dynamic. The energy surrounding Bicester Motion is truly electric, evidenced by the influx of prestigious brands and pioneering companies eager to make their mark. We look forward to working with them with our Automotive colleagues as they deliver the new HQ spaces.”
The Savills team is Charlie Rowton-Lee, Jan Losch, George Brown and Henry Harrison in Oxford plus Bill Bexson in Savills Automotive in London. They join James Hill of Adalta Real.