LSH - Industrial & Logistics Market Report 2021
Summary
Source:
LSH
Market:
Industrial & Logistics
Date:
H1 2021
Key take aways
- The UK’s industrial and logistics property market hit scaled new heights last year, with records set in both the occupier and investment markets, according to our Industrial & Logistics Market 2021 report.
James Polson, National Head of Industrial and Logistics at LSH, commented:
“While the future of demand in other property sectors is clouded in uncertainty, the role of logistics in the post-COVID world appears assured. The market has been turbocharged over the last year. COVID-19 has accelerated structural changes in consumer and business behaviour that will continue to drive high levels of occupier and investor demand for logistics property over both the short and long term.”
Alex Carr, Head of Industrial Capital Markets at LSH, commented:
“The pandemic brought the sector’s defensive attributes to the fore in 2020, driving another burst of yield compression and record volume for distribution product. Industrial and logistics is set to continue outperforming the wider commercial property market for the foreseeable future, and there is an almost limitless amount of global capital seeking out quality UK product.”