Research from JLL into the South West’s mid box and multi-let industrial market – units of between 5,000 and 100,000 sq ft – has revealed that rents are rising as strong demand meets limited supply.
“In Swindon, the town has benefitted from some recent high quality new speculative development and enjoyed a period of strong rental growth. However supply remains generally constrained with a limited pipeline stock coming through.
“Demand remains encouraging amongst all size ranges, particularly sub 10,000 sq ft and above 50,000 sq ft,” the report said.
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