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Multi-let industrial boom shows signs of cooling, claims Gerald Eve

Mark Helprin by Mark Helprin
July 14, 2023
in Real Estate
Multi-let industrial boom shows signs of cooling, claims Gerald Eve
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By David Parsley2023-07-14T09:08:00

Industrial Workers

Rental values in the multi-let industrial sector are showing signs of cooling off, a report from property consultancy Geralld Eve has found.

Gerald Eve reported that annualised market rental growth is slowing to high single digits across the UK, after markets outside the South East, notably the North West, accelerated to double-digit growth in estimated rental value (ERV) last year and into 2023, for the first time on record.

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