UK | Logistics
At a glance Q1 2018
Industrial and Logistics Review - April 2018Mirroring the occupational market, investor appetite for industrial assets surged in Q1 2018. According to Property Data, volumes were propelled to £1.96 billion. This constitutes a record breaking Q1.
- Q1 2018 take-up for units 100,000 sq ft plus hit a record breaking 9.8 million sq ft, the highest Q1 on record. Activity was driven by an unprecedented uptick in demand for Grade A units which accounted for a share of 75.4% of total.
- Speculative development picked-up in Q1. Six units, totalling 1.38 million sq ft, completed over the first three months of the year.
- MSCI annualised monthly capital growth (12 months to March 2018), shows All Industrial reach 15.5%, with South East Industrial at 19.6%.