Life Science REIT lets up Oxford Technology Park building

Life Science REIT lets up Oxford Technology Park building

Life Science REIT has fully let Building 5 at Oxford Technology Park (OTP), covering 57,000 sq ft to WAE Technologies Limited. The technology and engineering services provider, which delivers innovative solutions to a range of sectors including green energy, medical engineering and automotive, has signed a 10-year lease and will pay an annual rent of £1,146,000, equating to £20.10 per sq ft. A break clause exists at year five on half the space and a rent review will also take …