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The total take-up during Q3 reached 6.5 million square feet, taking the Q1-Q3 total to 24.1 million square feet, a 20% increase on 2017.
Pent-up demand for Grade A space contributed to the highest volume of speaculative space absorbed over a single quarter since 2012 (1.8 million square feet).
In addition, retailer and eRetailers have driven the market this year, accounting for 44% of take-up volume, making up for a quieter manufacturing sector (21% of take-up).
Also in this issue:
- Economic overview
- UK market fundamentals
- Rental growth
- Investment climate
- Q3 2018 leasing & investment transactions
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