The market had seen a general improvement through 2016 to early 2017 with record prices being achieved, new development becoming viable and new schemes starting to appear after a decade of stagnation. However, since the General Election in June with the Government moving from majority to minority rule and fears about the withdrawal from European Union, there has been a distinct cooling in the market. New speculative development is generally in short supply as banks are not prepared to lend to developers without pre-lets or pre-sales. The summer is historically a quiet period commercially and t...
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The market had seen a general improvement through 2016 to early 2017 with record prices being achieved, new development becoming viable and new schemes starting to appear after a decade of stagnation. However, since the General Election in June with the Government moving from majority to minority rule and fears about the withdrawal from European Union, there has been a distinct cooling in the market. New speculative development is generally in short supply as banks are not prepared to lend to developers without pre-lets or pre-sales. The summer is historically a quiet period commercially and the activity over the next month will be especially telling as to whether the market improves.
DemandOur firm specialises in the industrial and warehouse sector across the whole of Kent and running in to Sussex, Surrey and SE London. We currently have 2,380 enquiries for space across the region broadly divided as shown in the chart:
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