Carter Jonas Appointed Cambourne Business Park Limited’s Managing Agent
Date of Article
Sep 08 2022
Sector
Commercial sectors

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Kurt Richards
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Kurt works in the Cambridge commercial property and asset management team. His portfolio covers London, Cambridge, Norwich and Northampton. Kurt is involved in rent reviews, lease renewals and re-gearing opportunities as well as other strategic asset management activities. Kurt is a Registered Valuer in New Zealand and has successfully appeared as valuer expert witness and is litigation experienced.
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National property consultancy Carter Jonas has been instructed by South Cambridgeshire District Council to take on the role of Cambourne Business Park’s managing agent.

The appointment follows South Cambridgeshire District Council’s 2021 acquisition of the entire share capital of Cambourne Business Park Limited, a deal that Carter Jonas also advised on. 

The Business Park, which is located in the heart of the Cambridge-Oxford Growth Corridor and only ten miles from Cambridge, comprises 350,000 sq ft of office space in eight buildings, set within 55 acres of attractive landscaped grounds.

The growing Business Park provides infrastructure for over 1,000 office employees, approximately 65% of which are in the tech sector.

Kurt Richards, Partner, Commercial, Carter Jonas Cambridge, commented: “Carter Jonas was very pleased to take on the management of this popular facility as Council’s retained Investment and Asset Manager. There are some exciting plans on the horizon for Cambourne Business Park and we look forward to being involved. Against the backdrop of lakes, tree-lined pathways, walking routes along nearby nature trails and proximity to shops, the business park really stands out as a fantastic working environment.

“This instruction represents another valuable asset in our Property & Asset Management team’s portfolio as we continue to build one of the largest teams of management surveyors in Cambridge.”