AVEVA have announced plans to invest approximately £30 million from 2026 to 2027 in its global headquarters and research and development centre at Cambridge Science Park. The site will bring together more than 500 roles in one hub.
The facility, 101 Cambridge Science Park, which is owned by funds managed by Morgan Stanley Real Estate Investing (MSREI), is being prepared for supporting AVEVA’s next phase of AI‑driven growth.
Construction is already underway with the approximately 80,000 sq ft facility expected to be fully open in summer 2027. Teams will partly occupy the space beginning September 2026, with a full transition in advance of the official opening.
As part of its design, the site will include a multi-purpose meeting and demonstration centre to showcase advanced technologies and enable closer collaboration with customers and partners.
Additionally, the hub will play a central role in advancing AVEVA’s Industrial Intelligence strategy by bringing together talent and capabilities to help customers leverage software, data, and AI to drive more efficient, resilient and sustainable operations. It will also bring together a mix of talent and functions, including a cohort of graduates.
AVEVA remains committed to its Cambridge location based on its heritage in the city, its close ties with the University, and its reputation as a centre for research, science, engineering, software, and innovation. This decision follows an extended period of evaluating different locations in Cambridge.
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Caspar Herzberg said: “Our investment in Cambridge reflects the exceptional talent, growth and Industrial Intelligence capabilities that define the region. This also aligns with the long-term vision that has established ‘Silicon Fen’ as a global technology leader.”
Dr Andy Williams, hair of the Oxford-Cambridge Supercluster Board said: “AVEVA’s investment is a strong vote of confidence in Cambridge and in the wider innovation economy.
“Bringing more than 500 high-value roles together in a new research and development hub at Cambridge Science Park will further strengthen the Oxford-Cambridge supercluster’s position as a global centre for science, engineering, software and AI. It also underlines the importance of backing places where world-class talent, research and industry can come together to drive long-term growth and innovation.”
Dan Thorp, chief executive of Cambridge Ahead said: “AVEVA’s investment demonstrates Cambridge’s enduring competitive edge as a global innovation and investment hub in the UK. In today’s global marketplace we cannot underestimate the value of companies like AVEVA continuing to invest in high-value tech and building the UK’s research and development expertise. This major commitment to Cambridge further fuels the city’s ambitious plans for long-term success”
Tim Breitenstein, co-head Europe, Morgan Stanley Real Estate Investing, said: “We are very proud of this partnership with Aveva which we strongly pursued over the last 18 months, with the purpose of reinforcing Morgan Stanley presence in Cambridge. Morgan Stanley Real Estate Investing is committed to drive returns to its investors through active asset management as demonstrated by this transaction.”
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