Brexit again dominating property markets and sentiment generally around London. Whilst uncertainty is resulting in lower Residential demand, BIG increases in demand for warehousing and Industrial sites towards the coast of the UK particularly around Kent and regions where there are big Ports and distribution channels to the EU.
London and Eastern warehouses and Industrial facilities seeing lowest vacancy rates for many years. Remember, long lead times for construction and planning create inelasticity of supply! Rentals surging on the back of excess demand over supply for the coming medium term. Great opportunities exist for developers and investors that can access this market place faster than others.
A spike in coldstore rentals and all high cubic capacity warehouses. Look out for sales of vacant property or leased property where rentals are lower than market or where there are key locational aspects that will ensure that increases in revenue are possible.
