This article was first published on 11 December 2019 in
Real Estate. Reconsidered.
Logistics and last mile industrial remain on the ascendant, with
significant transactional activity on both the occupier and
investor sides. Investors and advisers need to be up to speed with
the commercial and technological developments in these sub-sectors
to ensure the transaction structure and supporting documents match,
or at least anticipate, these developments.
Continued growth and potential consolidation
The expansion and consolidation of the UK logistics and last
mile subsectors sees no sign of slowing down and we predict that
2020 will be another bumper year for both acquisitions and lettings
as investors who have previously focused on big box logistics
expand into last mile industrial too. At the same time, we expect
to see an increasing diversification of the investor entrants into
these subsectors as they continue to outperform other subsectors
and the underlying
