East Mids industrial property supply at record low
The industrial and logistics sector in the East Midlands had a strong 2016 – but dwindling supply is now at a record low, according to a report by commercial property consultancy Lambert Smith Hampton (LSH).
The report reveals that take-up was 12.4m sq ft – up 12% on 2015’s total and 14% above the annual average.
Phil Quiggin, head of office at LSH Nottingham, said this was driven by a number of large build-to-suit deals, including deals for two buildings that were more than 1m sq ft. However, there was less take-up of sma... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
