Research shows Thames Valley record in industrial take-up
Despite the past year being challenging for the industrial market, there has been a record take-up in the Thames Valley’s industrial market according to Lambert Smith Hampton’s (LSH) 2021 Industrial and Logistics Report.
LSH’s report highlighted the growing demand of the Thames Valley with a strong surge and demand in take-up in Oxfordshire, Buckinghamshire, Slough – particularly SEGRO’s Slough Trading Estate – and Reading.
Alex Carr, Head of Industrial Capital Markets at LSH, commented:
“The pandemic brought the sector’s defensive attributes to the fore in 2020, driving another burst of yield compression and record volume for distribution product. Industrial and logistics is set to continue outperforming the wider commercial property market for the foreseeable future, and there is an almost limitless amount of global capital seeking out quality UK product.”
Oxfordshire’s robust growth in 2020 was supported by Bidwells’ Arc Market Databook which highlighted the increase in Oxfordshire’s industrial take up by 27% above 2019 statistics, and 43% ahead of the 10-year trend.
In particular, the Oxfordshire market has seen a strong take up from the S&T sector with biopharma, electric automotive engineering and space sectors all being active in the final quarter of 2020.
The research from LSH and Bidwells’ demonstrates the resilience of Thames Valley’s markets, sector assets and the continued strength and opportunities for businesses and investors to operate in the region.
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