Distribution warehouse take-up drops
Distribution warehouse take-up drops
- 2003
- CB Hillier Parker Press Release 25 March 2003 (1) .
CB Hillier Parker's "Distribution warehouses market index brief 2002" reveals that the total take-up of new distribution warehouses in 2002 was 30% down on 2001, the first reduction since 1998. Activity on new space was depressed by the general economic uncertainty and less take-up by major food retailers who have already re-organised their supply chains in recent years. The fall was in part offset by a large increase in letting activity on second-hand units, which will remain a key element of this market in future years. Table gives rental values, land values and prime investment yields. http://www.cbhillierparker.com/master.htm. http://www.cbhillierparker.com/pdf/research/ukdistributionware2002.pdf
INDUSTRIAL MARKET
DISTRIBUTION WAREHOUSES
RENTAL VALUES
LAND VALUES
PRIME INVESTMENT YIELDS
CB Hillier Parker's "Distribution warehouses market index brief 2002" reveals that the total take-up of new distribution warehouses in 2002 was 30% down on 2001, the first reduction since 1998. Activity on new space was depressed by the general economic uncertainty and less take-up by major food retailers who have already re-organised their supply chains in recent years. The fall was in part offset by a large increase in letting activity on second-hand units, which will remain a key element of this market in future years. Table gives rental values, land values and prime investment yields. http://www.cbhillierparker.com/master.htm. http://www.cbhillierparker.com/pdf/research/ukdistributionware2002.pdf
INDUSTRIAL MARKET
DISTRIBUTION WAREHOUSES
RENTAL VALUES
LAND VALUES
PRIME INVESTMENT YIELDS