This time last year, an acute warehousing supply gap was predicted for 2020 as the stock of second-hand properties continued to diminish and developers delayed new construction due to the uncertainty surrounding Brexit.
This proved to be correct, but the expected upward pressure on rents during the year, particularly for second-hand stock, surpassed expectations due to the oversized influences of both Covid-19 and the anticipated ending of the Brexit transition period.
Take up in Q1 was…
