Take up in the East London industrial market fell below trend levels in 2020, with a total of 770,500 sq ft of floor space acquired. Activity was strong in the second half of the year, accounting for 76% of the year’s activity, with a number of key transactions completing. The most significant transaction was the 70,528 sq ft letting to SIG at Segro Park Rainham.
The first quarter of 2021 saw activity continue at a similar level, with 184,720 sq ft of space leased. Take up was dominated by the 110,000 sq ft letting to small workspace provider "This Is Projekt" at the new Dock Studios, Silvertown E16.