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.
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.
Industrial & Logistics Services
For more information on how we can help you, visit our Industrial & Logistics page or contact one of our experts below.
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.
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.