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Our View

Demand rebounded to levels last seen in Q3 2020, with total requirements moving to 12.2m sq ft only marginally below the previous record. Whilst requirements for Big Box and Mid Box units have remained relatively strong, the primary increase in demand has been for smaller units (<10,000 sq ft) where enquiries are up by 72%.   

Industrial market requirements
Industrial market demand
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Peter Higgins

Peter Higgins

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