Real Estate

East Midlands Industrial And Logistics Space Deals Hit Record High Despite Covid-19 Impact

by business-live.co.uk posted 2months ago 20 views
Report says performance shows the 'strength of the region’s industrial sector': Take-up of industrial and logistics space in the East Midlands has hit record levels, despite the coronavirus crisis. According to the latest Big Shed Briefing, compiled by Savills, in the first half of 2020, deals for units of 100,000 sq ft and over totalled 4.75 million sq ft, which is 115% on the long-term average. The real estate services provider said that the rise was driven by “build-to-suit” transactions, which accounted for 60% of take up during the first half of the year.

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