According to Colliers International’s latest UK Industrial Market Review, ‘big sheds’ availability fell by 17 per cent year on year in 2012 and is down by 35 per cent since the end of 2010. Colliers has pinpointed a lack of new supply as a key contributor to the reduction in vacancy rates.
In some areas the problem is so acute that in order for occupiers to satisfy demand they have to secure a pre-commitment to a future scheme as the only way to guarantee the right product.
