Industrial & Logistics Insider Q1 2020
Our new Industrial & Logistics Market Insider provides expert comment on the latest occupier and investment trends, along with quarterly data and analysis.
• It was a solid start to 2020 for industrial & logistics take-up. Q1 take-up reached 7.4m sq ft (units over 100,000 sq ft), in line with the ten-year quarterly average and up from 5.3m sq ft in Q1 2019.
• Retail dominated take-up in Q1, driven by e-commerce and the grocery sector.
• Industrial and logistics investment totalled £1.5bn in Q1, down 20% on Q1 2019.
• While COVID-19 is hindering some investors’ ability to push ahead with acquisitions or disposals due to uncertainty over pricing, a substantial weight of capital remains active in targeting an asset class that benefits from strong fundamentals.
For further Industrial & Logistics research, please check out our special report ‘From Adversity To Opportunity: What COVID-19 Means For Industrial & Logistics’