Industrial & Logistics Insider Q3 2020
Our Industrial & Logistics Insider report provides expert comment on the latest occupier and investment trends, along with quarterly data and analysis.
Industrial & Logistics continues to be the shining star of commercial real estate.
UK big-box take-up achieved a record high for the second consecutive quarter in Q3. 13.5m sq ft was leased, up 73% year-on-year. With one quarter still to go, 2020 take-up has already broken the previous annual record set in 2016.
These strong occupier dynamics, fuelled by the rise of e-commerce and renewed focus on supply chains, are filtering through to the investment market, as investors seek greater exposure to the sector.
Activity has picked up markedly over the second half of the year, with more stock being launched on to the market. Industrial & logistics volumes totalled £1.7bn in Q3, 13% above the ten-year quarterly average.