Finance

Multi-let industrial boom shows signs of cooling, claims Gerald Eve

By 2023-07-14T09:08:00

Industrial Workers

Source: Pixabay

Rental values in the multi-let industrial sector are showing signs of cooling off, a report from property consultancy Geralld Eve has found.

Gerald Eve reported that annualised market rental growth is slowing to high single digits across the UK, after markets outside the South East, notably the North West, accelerated to double-digit growth in estimated rental value (ERV) last year and into 2023, for the first time on record.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue