This report provides a detailed overview of national and regional industrial & logistics sector activity.
Key findings from our latest research:
- Demand for industrial and logistics space in 2019 remained strong with take-up reaching in excess of 30 million sq ft for the year, exceeding the 10-year annual average by 17%, but 14% below the record breaking 2018 figures
- Rental growth is expected to moderate in 2020, although logistics units located in heavily populated areas will reach above average returns
- Supply/demand dynamic remains healthy. That said, our records show that 6.6 million sq ft of space is either under construction as of February 2020, or recently completed and available to let