Cookie Use Notification

This site uses cookies to provide you with a more responsive and personalised service.

By using this site you agree to our use of cookies as set out in our cookie notice. Please read our cookie notice for more information on the cookies we use and how to delete or block the use of cookies.

UK Logistics & Industrial Regional Outlook Summer 2019

Gordon Reynolds

Gordon Reynolds

International Partner

Phone +44 207 152 5023

Contact me

The full report

Logistics & Industrial Report 2019 Thumbnail

Our latest UK Logistics & Industrial Regional Outlook shows that  take-up rose by 9% year on year in Q2 to return to its long-term average for H1.

Geographically, performance varied quite significantly, with the East Midlands and London/South East/East continuing to see a good rate of transactions, while the North West, Wales and South West had a slower start to the year.

Nationally, availability rose by 8% year on year  to 63.8 million square feet, but that didn’t prevent rent from rising further (+ 3.2% in the 12 months to June).

While the flow of new enquiries slowed in Q2, the level of existing requirements is such that we expect take-up to bounce-back in H2 assuming Brexit is resolved later this year.

Key headlines include:

  • 15.3 million square feet transacted in H1, just below the 10-year average of 15.7 million sq ft for the period 
  • 62 highest number of deals over a quarter since Q1 2015
  • 31% take-up share of 3PLs, the most active occupiers in H1

Check out Cushman & Wakefield's National Logistics & Industrial Rent & Yield Map which shows the current rental rates and yield levels for towns & cities across the UK. Download Now

FIND OUT MORE ABOUT:

Our Logistics and Industrial Agency Services, Investment Services and Valuation & Advisory Services.

You may also be interested in: