By Simon Creasey2018-05-17T05:00:00
With demand still strong and good product scarce, fears are mounting of a bubble in the rapidly growing industrial sector.
However, over the past few years, the ugly duckling has turned into a swan. Occupier take-up levels and investment volumes have soared as new entrants have piled into the market in their droves.
Research from BNP Paribas Real Estate shows industrial and logistics take-up in Q1 this year reached a record-breaking 9.8m sq ft – the highest first quarter on record. In the same period, investment volumes surged to £1.96bn – 17.1% up on Q1 last year and another first-quarter record.
But are these numbers sustainable or is the sheds sector in a bubble close to bursting?
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts