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Industrial & Logistics UK Market Pulse Report | 2023

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Industrial & Logistics UK Market Pulse Report 2023

We’re pleased to share our Market Pulse 2023 report. This newly created paper provides an overview of the UK economy, national occupier and investment activity in the industrial and logistics sector, as well as a detailed regional occupier market analysis.


Some of our predictions:

  • Take-up in 2023 is forecasted to drop further to around 30m sq ft due to occupier cost pressures and depressed retail spending

  • Supply remains low, but it is expected to increase in 2023

  • We are forecasting an average UK rental growth of 3.7% for 2023, with the industrial sector outperforming any other commercial real estate sector until 2027

  • In January 2023 the investment market clearly showed that it is about to bottom out with a monthly negative capital growth of c.1%.

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Industrial & Logistics UK Market Pulse Report 2023

Industrial & Logistics UK Market Pulse Report | 2023

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Related Experts

Andrea Ferranti

Director for Industrial Client Engagement

Research and Forecasting

London - West End

Head of Industrial & Logistics Research working closely with the Research & Forecasting team whilst supporting the Industrial and Logistics teams nationally in providing research and advises to clients. Andrea leads on the division’s key research papers which include, but not limited to, the Industrial & Logistics Barometer and the UK Speculative Development Map – both of which have become key benchmark publications highly valued by UK investors and developers alike.

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Len Rosso

Head of Industrial and Logistics

Industrial and Logistics

London - West End

Len has more than 30 years' experience in the commercial property sector. Having started out as a trainee surveyor in 1983 he moved on to set up Jansons in 1990, a niche agency specialising in industrial in North and West London. In 2004/5 the business was voted Industrial Agency of the Year, this being the first ever non West End national practice to have won this prestigious award. In that same year the business transacted in excess of 3.5 million sq ft which accounted for in excess of 50% of the total transactions for the North and West London market.


Since joining Colliers International, as the Head of the UK Logistics and Industrial Department, the objectives are the same as always, to outperform all competitors whilst providing the highest level of service to all our clients. In 2018, the Colliers International UK Industrial & Logistics team completed over 250 deals totalling over 15 million sq ft. 

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