The growth in prime industrial rents in Essex accelerated in the six months to the end of Q3 2021, rising by 13.0% on average, bringing the overall growth for the year to 20.9%. Thurrock continued to be the market where rental increases were strongest, with rents growing by 28.6% to a new rental peak for the area of £13.50 per sq ft. Owner occupier capital values have also been pushed up, rising by 21.8% on average over the past 12 months as the competition for freeholds has intensified.