Record year for industrial market
2014 was a record-breaking year for the UK industrial and logistics sector, according to new research from national property consultancy Lambert Smith Hampton, as take-up reached new heights, investment activity hit previously unseen levels and speculative development returned in a meaningful way.
The latest edition of the company’s annual Industrial & Logistics Market Report reveals that take-up rose by 8% from 2013’s level to reach 103.3m sq ft. This was the result of robust economic expansion and the continuing structural change in the retail and distribution sector caused by the growth of online shopping.
See full details in Lambert Smith Hampton news.