Old Swiss, Cambridge

Old Swiss is a 50,000 sq ft innovation campus in central Cambridge, providing workspace for technology and innovation-led businesses including Hewlett Packard, VSIM and CYTED.

Elwood acquired the property off-market in two phases. The first comprised 20,000 sq ft of fully let space, while the second was a vacant 30,000 sq ft development acquired on a forward-commitment basis before practical completion.

Working closely with the developer, the team introduced targeted improvements to enhance the quality and long-term performance of the second phase, helping the building achieve EPC A ratings and BREEAM Excellent accreditation. The campus has been positioned as affordable city-centre workspace for technology businesses, combining fitted suites for start-ups and scale-ups with larger accommodation for established occupiers. Elwood has retained control of the leasing strategy, deliberately curating the occupier mix around technology and innovation-led businesses.

The team has also worked directly with occupiers to support their growth, providing fit-out assistance, flexible lease structures and infrastructure investment where appropriate. The independent Stir café was introduced to create a more distinctive destination for occupiers and the wider community.

Today, Old Swiss combines established long-term income with exposure to Cambridge's growing technology market, strong ESG credentials and a carefully curated innovation community.