UK Big Box warehouse market positive despite reduced take-up in H1

© Sasin Tipchai

JLL has published its H1 2017 UK Big Box Industrial & Logistics research which reveals the following:

Total occupier take-up in H1 2017 was 35% down on H2 of 2016, following a record year in 2016; but still 2% higher than the long term average;

Grade A available supply rose in the first six months of the year, 24% up on the end of 2016;

Prime headline rents rose in a number of markets over the first six months of 2017;

Prime logistics yields in London sharpened in the first half of this year as the logistics market continues to remain highly attractive to investors.