20211007-莱坊-LOGIC_London_South_East_Q3_2021_1页_370kb

Knight Frank Quarterly Dashboard: UK Industrial Market Summary for Q3 2021

The UK industrial market, particularly in London and the Southeast, showed strong growth in Q3 2021, with demand surging by 16% year-on-year compared to the same period in 2020. Key drivers include e-commerce's influence on transactions, accounting for nearly half of deals and focusing on large-scale properties over 100,000 square feet. Market data indicates 5.6 million square feet in take-up, against 6.9 million square feet supply and £1.81 billion in investment, all exceeding Q3 2020 levels.

Rental growth was revised upward, with projections of 24.9% year-on-year for Greater London and 11.8% for the Southeast. Notable transactions include John Lewis securing 617,393 square feet at Tectonic 620, while IKEA is pre-signing for 450,000 square feet. Strong demand combined with inventory shortages is fueling development activity, with 4.1 million square feet of speculative space under construction, though rising building costs are causing delays. Despite these challenges, occupier interest remains high, and investor activity doubled with a 126% increase in transaction volumes.

This summary highlights market trends from Knight Frank Research, emphasizing the role of e-commerce in logistics, supply constraints, and financial impacts.