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Industrial Rents Map

UK Industrial Rents Map – January 2022

Access our interactive rents maps showing the change of prime rents and land values across circa 90 locations in the UK & Ireland. These maps relate to industrial & logistics properties such as warehouses and multi-let units.

Key Findings

We are pleased to share with you our latest Industrial and Logistics Rents Map updates covering prime rents and land values across circa 90 locations in the UK.

  • Average land value growth in the UK sky rocketed, reporting a record 71.5% (from £1.98 million an acre to £3.39 million an acre) annual increase in January 2022 as investors compete for sites and speculative space is let fast.

  • The average prime rent for large distribution warehouses (100,000 sq ft +) in the UK rose by 15.6% (y/y) to £9.24 per sq ft.

  • Similarly, the prime rent for smaller and multi-let units in the UK reached £12.36 per sq ft, up 15.5% (year-on-year). Prime rents for London industrial assets recorded a 25.4% annual increase on average.

  • Looking ahead, in 2022 we envisage demand for warehouse and multi-let space to remain strong. Rental growth will remain robust, which will further create scope for land values to edge higher.

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