There is less than one year’s worth of grade-A industrial space left in the market, according to a report from the British Property Federation, which is today launching a new industrial committee to represent the sector.
The UK’s largest industrial landlords have warned that a shortage of stock could threaten the UK’s economic recovery and the report urges policymakers to recognise industrial property as an essential component of UK infrastructure and allocate land accordingly.
Gareth Osborn, chair of the newly formed industrial committee and a director at Segro, said: “There has never been a more crucial time for the industrial sector to speak up and be heard.
“With increasing demand and limited supply, changing retail habits and transport challenges, the sector has a great story to tell, and is often misunderstood.”
