Monday 18th Dec 2017 - Logistics Manager

Rents set to rise up to 10 per cent

Property agent Lambert Smith Hampton is predicting rent rises in the logistics sector by up to 10 per cent in the coming year.

In its new national Weather Map Report the company identified rent hotspots headed by Peterborough, where prime rents are expected to increase by 10 per cent to £5.50 per sq ft; Glasgow, with rents up 9.1 per cent to £6 per sq ft, and Birmingham, up 8.7 per cent to £6.25 per sq ft.