Warehousing: Rent rises as units snapped up


Whether they have been forced to consider second-hand space because of a lack of new buildings or prefer it for cost reasons, occupiers have become used to a wide choice of warehouses. Now, however, they are facing a reduced supply. Overall, the amount of second-hand space available in units above 100,000ft² fell by 4% in 2012, according to CBRE’s UK Occupier Market Overview. This is lower than the 29% reduction in new space in that size band but the second-hand […]