Industrial market sees highest take-up on record

More than 400 industrial and logistics developers, investors and advisers attended this year’s Shedmasters event at MIPIM.

With the market going from strength to strength – driven by a significant uptick to continued activity by online retailers - they were in buoyant mood. Figures from Savills released ahead of the event showed that take-up in the UK warehouse market (units of 100,000 sq ft +) is set to reach 13.1m sq ft in Q1 2018, the highest on record and 115% above the long-term average of 6.1m sq ft.

 EG caught up with Savills director Graham Brown, Prologis global customer solutions vice president Nigel Rowe, Gazeley managing director Alex Verbeek and Verdion founder Mike Hughes.