Download our latest Market Report – January 2026

We are pleased to announce our bi-annual market report focussing on the North West industrial and logistics market

  • Approximately £1.19BN of North West industrial investments transacted in 2025 –16% higher than the £1.03BN transacted in 2024.
  • Investor demand has remained robust, albeit requirements have become increasingly narrow, with a sustained focus on good quality value add and MLI assets.
  • Supply of prime assets was restricted throughout 2025, with a more evident supply of secondary / tertiary assets in the market.
  • The pricing gap between prime and secondary assets continued, establishing a clear two-tier market, driven in part by high refurbishment costs, ESG and void concerns.
  • Prime Industrial Open Storage (IOS) and low density sites continued to perform very well with strong yields and pricing consistently achieved, underpinned by increasing investor demand for ‘oven ready’ sites.
  • 2025 Big Box take up totalled 3.77M sq ft in 2025, the second straight year of growth and a 15.5% increase over 2024.
  • A new ‘Big Box’ record rent of £12.50 per sq ft has been achieved for the region, an increase of 8.7% from last year’s prime headline figure.
  • Big Box supply reached 6.55M sq ft, significantly up from the end of 2024 as several units over 300K sq ft reached practical completion.
  • Big Box development pipeline has slowed with 1.22M sq ft under construction at the end of the year; less than half the total square footage recorded at the end of 2024.
  • Within the MLI and Mid Box Market record rents continue to be achieved across Grade A modern units, with several units of 20K sq ft achieving £12.50 per sq ft.

To read more on these trends and hear from our experts download our latest biannual market report

 

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Investment Properties

Investment Properties

We are market leaders in industrial investment in the North West, offering property investment consultancy to a range of clients, including institutions, property companies, overseas investors and high net worth individuals.

Our knowledge and direct agency experience of locations in the North of England combined with our professional network position us perfectly to source the right investment opportunities for you.

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