Market Update – July 2018

18 July 2018

Market Update – July 2018

We are pleased to announce our bi-annual market report focussing on the North West Industrial and Logistics Market.

H1 2018 highlights include:

  • Total value of NW industrial investment transactions during H1 2018 stood at £453m. This is a post-recession record for H1.
  • Demand in this sector remains strong from all types of investors. Supply is restricted.
  • On the back of such keen yields investors are carefully analysing rental growth prospects to meet performance targets.
  • Occupier take-up for units >90,000 sq ft in H1 2018 totalled 2.0m sq ft – a 40% increase on H1 2017
  • Prime distribution rents now established at £6.25 – £6.50 per sq ft
  • Continued strong demand for the ‘mid-box’ size range
  • New wave of speculative development underway for both the Big Box and SME/multi-let markets

Download the Market Report here or call 01925 320520 to request a copy.

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