Industrial Market Update
Thursday 14 November 2024
Flude Property Consultants are delighted to share with you the most recent industrial market update prepared by our dedicated industrial agents; Will Thomas, Andrew Halfacree, Brandon White and Sebastian Martin.
Our industrial team continues to see steady levels of activity across the South Coast, whilst availability generally remains low. In West Sussex, supply has tightened further, particularly in Chichester and the surrounds where the majority of recent lettings have been businesses re-locating into the area, thus not opening up voids elsewhere. The market has cooled slightly, but as supply tightens, options remain limited ensuring well positioned units receive good interest.
There is a growing emphasis on sustainable development, with many of the new developments incorporating green building practices, aiming for higher energy efficiency and reduced environmental impact. This aligns with broader corporate sustainability goals.
Investment in industrial property remains strong, with good interest from owner occupiers who are seeking vacant freehold opportunities to relocate their business to. There also remains good demand from a wide range of investors who are looking for different types of opportunities within this sector.
Overall, the South Coast industrial property market remains reasonably strong with limited supply across the region, together with good demand from occupiers who are seeking quality buildings.
Click on the link below to view our market update flyer.
