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Prime Logistics

The definitive guide to the UK’s distribution property market

Spring 2021

WELCOME TO PRIME LOGISTICS 2021

Our Prime Logistics research has been providing the industry with detailed and impartial analysis of the UK logistics property market since 2006. Covering buildings over 50,000 sq ft in size, this research offers a market-by-market view of occupational, development and investment performance.

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56.6
million sq ft taken up in 2020
6.5%
Q4 2020 availability rate
4.1%
prime headline rental growth in 2020

EXPLORE OUR REGIONS

Prime Logistics individually analyses each of the UK's 26 logistics regions. Click on a region on the map below for headline performance statistics and the option to learn more about recent occupier, developer and investor activity.

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Avon & Somerset

  • TAKE-UP (2020) 0.84m sq ft
  • AVAILABILITY RATE (Q4 2020) 8.9%
  • COMPLETIONS (2020) 0.65 m sq ft
  • INVESTMENT (2020) £250m
  • PRIME RENT (Q4 2020) £7.25 sq ft
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Richard Gatehouse
Key contact:

Richard Gatehouse

Berkshire & Wiltshire

  • TAKE-UP (2020) 2.5m sq ft
  • AVAILABILITY RATE (Q4 2020) 4.0%
  • COMPLETIONS (2020) 0.5m sq ft
  • INVESTMENT (2020) £228m
  • PRIME RENT (Q4 2020) £11.50 sq ft
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David Moule
Key contact:

David Moule

Buckinghamshire & Bedfordshire

  • TAKE-UP (2020) 2.2m sq ft
  • AVAILABILITY RATE (Q4 2020) 4.7%
  • COMPLETIONS (2020) 1.0m sq ft
  • INVESTMENT (2020) £339m
  • PRIME RENT (Q4 2020) £8.00 sq ft
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Mark Trowell
Key contact:

Mark Trowell

Cambridgeshire

  • TAKE-UP (2020) 1.3m sq ft
  • AVAILABILITY RATE (Q4 2020) 4.3%
  • COMPLETIONS (2020) 1.8m sq ft
  • INVESTMENT (2020) £18.1m
  • PRIME RENT (Q4 2020) £6.25 sq ft
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Josh Pater
Key contact:

Josh Pater

Gloucestershire & Worcestershire

  • TAKE-UP (2020) 0.6m sq ft
  • AVAILABILITY RATE (Q4 2020) 5.5%
  • COMPLETIONS (2020) 0.2m sq ft
  • INVESTMENT (2020) £94.6m
  • PRIME RENT (Q4 2020) £6.50 sq ft
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Richard Gatehouse
Key contact:

Richard Gatehouse

Greater Manchester

  • TAKE-UP (2020) 3.4m sq ft
  • AVAILABILITY RATE (Q4 2020) 9.5%
  • COMPLETIONS (2020) 0.7m sq ft
  • INVESTMENT (2020) £390.1m
  • PRIME RENT (Q4 2020) £7.25 sq ft
VIEW REGION
Jason Print
Key contact:

Jason Print

Humberside

  • TAKE-UP (2020) 0.8m sq ft
  • AVAILABILITY RATE (Q4 2020) 4.6%
  • COMPLETIONS (2020) 0.2m sq ft
  • INVESTMENT (2020) £11.9m
  • PRIME RENT (Q4 2020) £5.50 sq ft
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Richard Sherington
Key contact:

Richard Sherington

Kent

  • TAKE-UP (2020) 0.8m sq ft
  • AVAILABILITY RATE (Q4 2020) 3.4%
  • COMPLETIONS (2020) 0m sq ft
  • INVESTMENT (2020) £130.6m
  • PRIME RENT (Q4 2020) £7.75 sq ft
VIEW REGION
David Moule
Key contact:

David Moule

London East

  • TAKE-UP (2020) 3.8m sq ft
  • AVAILABILITY RATE (Q4 2020) 4.8%
  • COMPLETIONS (2020) 1.1m sq ft
  • INVESTMENT (2020) £633m
  • PRIME RENT (Q4 2020) £10.75 sq ft
VIEW REGION
Mark Trowell
Key contact:

Mark Trowell

London North

  • TAKE-UP (2020) 0.6m sq ft
  • AVAILABILITY RATE (Q4 2020) 8.0%
  • COMPLETIONS (2020) 0.5m sq ft
  • INVESTMENT (2020) £302m
  • PRIME RENT (Q4 2020) £13.50 sq ft
VIEW REGION
Josh Pater
Key contact:

Josh Pater

London South

  • TAKE-UP (2020) 0.1 m sq ft
  • AVAILABILITY RATE (Q4 2020) 7.2%
  • COMPLETIONS (2020) 0.1m sq ft
  • INVESTMENT (2020) £80.4
  • PRIME RENT (Q4 2020) £14.25 sq ft
VIEW REGION
David Moule
Key contact:

David Moule

London West

  • TAKE-UP (2020) 1.0m sq ft
  • AVAILABILITY RATE (Q4 2020) 3.7%
  • COMPLETIONS (2020) 0.1m sq ft
  • INVESTMENT (2020) £607.8
  • PRIME RENT (Q4 2020) £16.75 sq ft