Our View
Supply has continued to rise and now stands at 3.6m sq ft, up from 2.1m sq ft some 12 months earlier. Grade A space now accounts for 51% (1.8m sq ft) of overall supply. The increase in grade A supply has been dominated by the completion of two new schemes; the four unit scheme Momentum in Rainham, which added a total of 388,300 sq ft and the 339,500 sq ft 10 unit Bridge Point in Barking. The availability rate in East London now stands at 7.12%, above the long run average of 5.0%.
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Key Contact

Peter Higgins
Divisional Partner - East and North London & Herts Commercial Agency
020 3141 3534[email protected]