Industrial & Logistics Insider Q1 2021

Key take aways‍

• UK industrial & logistics take-up reached 7.9m sq ft in Q1 2021, the first sign of a deceleration of activity after a record breaking 49.2 m sq ft was leased in 2020.
• Supply of existing units stood at 31.5m sq ft at the end of the opening quarter of this year, falling marginally from the end of 2020 (33.5 m sq ft), and down 3% on the equivalent period last year.
• The investment market shows little signs of slowing down. With over £3.2bn of industrial assets traded in the opening three months of the year, up 96% on the £1.6bn traded in Q1 2020 and double the ten year average for Q1 activity.