Swindon
industrial take-up below average
The South West
commercial property market is expected to bounce back in 2024 after a subdued
performance during most of 2023, according to the annual Market Monitor from Alder
King.
After several
years of above-average take-up, property occupiers, investors and developers
responded to the unsettled economic conditions of the past 18 months by taking
a more cautious and considered approach to their property decisions in 2023,
says the report.
Industrial
take-up in the Swindon area for 2023 was significantly below the average, with only one transaction over
50,000 sq ft taking place at Cheney Manor to Cinch Self Storage.
https://www.alderking.com/wp-content/uploads/2024/01/Alder-King-Market-Monitor-2024-1.pdf
-(2).png?sfvrsn=3b7e3050_0){kind=logo}
