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JLL launches new UK industrial property tracker

JLL has launched a new UK Industrial Tracker report which aims to monitor and evaluate what is happening in the industrial property market with a focus on standard industrial buildings rather than the large-scale logistics facilities.

Commenting on the new Tracker, Andy Harding, lead director of JLL’s UK Industrial & Logistics Group, said: “Earlier this year our research highlighted huge investor interest in industrial/logistics assets, with 60% of investors noting this was the sector that would see the most interest in the coming months. Our new UK Industrial Tracker sheds some light on the reasons why this interest in so strong.”

The report remains generally upbeat over the next six months with five out of 11 UK regions expecting occupier demand to be higher over the first half of this year than was the case in the second half of 2016. Demand in the remaining six regions is expected to remain broadly unchanged.

However, take-up is expected to remain stable in nine out the 11 regions and fall in the North West and Yorkshire and Humberside, in both cases due to a diminishing supply of good quality buildings. JLL expects available supply to be lower at mid-2017 than at the end of 2016 in every region bar the South West, where there is not expected to be any significant change.

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