Latest Industrial Rent Trends in London
Posted by Strettons on 28th March 2023 -
Our latest quarterly rent research looks at prime industrial rents for industrial units to let. Our data shows these rents have continued to increase over the past 12 months despite macro-economic headwinds.
Since our previous rent trends research, demand has remained buoyant across most size ranges with vacancy still at historically low levels.
Prime A grade: A brand new or completely redevelopment property with a high-specification renovation. Usually well-located with good access and meeting modern occupational requirements.
Secondary weighted rents are: These are somewhat older buildings with fewer modern specifications and have less attributes fulfilling modern occupational needs. An occupier is likely to improve the asset to meet their requirements.
Continue to read on Strettons website