Take up in South East London & Kent remained below trend levels in the first three quarters of 2023, with total activity of 1.8m sq ft recorded. Current estimates indicate that full year activity should approach 2.5m sq ft.

Activity has been heavily biased towards small and medium units (<25,000 sq ft) which has accounted for 52% of the year’s take up.The largest deal across the Eastern M25 was signed in July, with a 650,000 sq ft pre let agreed at Panattoni Park, Aylesford, whilst Fixfast also pre let 64,450 sq ft at Click Aylesford, with the unit due to complete in Q3 2024.