An acute shortage of prime industrial and logistics space is driving up rental prices in both the primary and secondary markets, research from Colliers International has found. Colliers said the supply shortage of prime space had caused rents in the secondary market to jump by 18% for big sheds and 15% for smaller sheds between June 2014 and July 2015. The research revealed that rents for 100,000 sq ft secondary warehouse stock rose most sharply in the east of England, with a spike of 43% over the last year. Rents for secondary units between 10,000 sq ft and 30,000 sq ft increased the most in outer London (+30%) and the South East and East (both 23%).
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