Limited market supply will continue to push rentals upwards
UK-based Industrials Reit, which owns multi-let industrial assets providing workspaces for small and medium-sized businesses says the first quarter of 2023 kicked off on a positive note with a strong pipeline of leasing activity.
For the ninth successive quarter, Industrials Reit recorded more than 20% average rental increases driven by unlocking reversionary potential within the portfolio, the company said in the third-quarter trading update for the 2023 financial year...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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