LONDON–(BUSINESS WIRE)–EG, a longtime supplier of knowledge, information and analytics services for the industrial actual property market, has revealed the most recent tendencies across the seek for industrial property area within the EG Propertylink Occupier Sentiment Report ‘The brand new regular: The property panorama after lockdown’.
Utilizing enquiry information from EG Propertylink, the report explores how location and sector priorities of business area have shifted this 12 months. It compares exercise in H1 2021 with the identical interval in 2020 and 2019 to indicate the place the most important adjustments have occurred and what probably the most sought-after places and sectors are.
Key findings from the report embrace:
- London has remained dominant within the workplace market regardless of occupiers and traders scoping out new places. The capital continues to account for 17.3% of workplace enquiries. Nevertheless, the variety of places with greater than 100 workplace enquiries rose by 63% between H1 2020 and H1 2021.
- Industrial has come out of lockdown the clear winner. Enquiries within the sector have been 37% above the place they have been earlier than the pandemic in H1 2019. In current months, nonetheless, retail has overtaken industrial as probably the most sought-after sector.
- Secondary places akin to Peterborough have seen large development throughout each sector. Retail and workplace enquiries have been up 141% and 137%, whereas industrial rose 72% and leisure rose 61% between H1 2020 and H1 2021.
The report additionally explores how cities like Leicester and Manchester have come out of their extended native lockdowns, what the lasting results of these have been and the way we will count on demand to shift in coming months.
There’s a deal with the rise of even smaller places – from Acton to Bletchley – as occupiers and traders shift in the direction of extra granular enquiries the place it’s now not simply the broader space however the particular place that drives curiosity.
David Salisbury, EG Propertylink Group Head, stated: ‘Business actual property is in an enchanting interval of flux proper now. Popping out of lockdown, we’re seeing retail rebound and as soon as once more turn into the most important sector for enquiries. However we’re additionally seeing new tendencies and what’s going to possible be the lasting results of the previous 18 months. From the regular rise of secondary cities to newfound curiosity in distant and satellite tv for pc places of work, that is an thrilling time for adjustments within the UK industrial property panorama.’
To seek out out the place the UK’s rising hotspots are and the way sector demand has advanced since 2019, download the report.
EG is a longtime supplier of knowledge, information and analytics services for the industrial actual property market. EG services deal with the challenges and the information calls for of all sectors and industries inside UK industrial actual property. We ship industry-leading occasions and weekly journal content material, and market main information merchandise together with EG Radius, the one contributory information sharing platform for the UK industrial property market.
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