Industrial Market Update
Friday 28 June 2024
Flude Property Consultants are delighted to share with you the most recent industrial market update prepared by our dedicated industrial agents; Will Thomas, Andrew Halfacree, Brandon White and Sebastian Martin.
The current industrial market on the South Coast is still experiencing good levels of demand, but this demand has slowed from the highs of the Covid peak.
There is still a good up take of well configured, modern and energy efficient units with sufficient parking and yard space, with the most activity seen in the small to medium sized sector of the market. This is largely led by occupiers who are either relocating having outgrown their existing space or exercising opportunistic lease expiries / break options.
Interest in freehold availability is now largely led by the owner occupier market, with activity in the investment market still readjusting to the increased interest rates.
Overall, the South Coast industrial market is characterised by continued good demand and, despite a slow release of new build schemes coming to completion, there is still an ongoing widespread lack of availability.
Click on the link below to view our market update flyer.
