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Our View

Supply reduced following the uptick seen in the initial months after the pandemic and now stands at 1.6m sq ft. The majority of the reduction in supply is due to the drop off in Mid Box and Big Box availability, with the two largest buildings above 50,000 sq ft on the market being the 95,000 sq ft Circular 13 at Gasgoine Road, Barking and the 75,325 sq ft multistorey and somewhat fragmented new build at Fowler Road, Hainault.

Industrial market availability
Industrial market availability
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Peter Higgins

Peter Higgins

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