New stock needed to meet demand in the Norwich market
Bidwells has released its Spring 2020 Norfolk and Suffolk industrial research which reveals that supply constraints are taking their toll on the Norwich market, frustrating potential occupiers and supressing take up, which has fallen below the long term average.
With demand growing to its highest level since the EU Referendum, the position is set to become more challenging.
There has been an increase in supply although much of this space is only available on a short term basis. The market imbalance is expected to drive rental growth of nearly 18% in 2020.
Download our research paper to find out more, and our predictions for the year ahead and beyond.
Prime industrial rents in Norwich by end of 2020
Availability rate in Norwich
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