Report

Norfolk & Suffolk Industrial Databook - March 2026

18.3.26 DATABOOK

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Norfolk & Suffolk Industrial Market Growth Driven by Energy Investment.

The second half of 2025 saw an increase in demand for Norfolk and Suffolk industrials, boosted in part by the construction of Sizewell C nuclear power station and major investments in off-shore wind farms. Availability rose, but remains low at 5.6%. Virtually all of the available space was Grade B, although that is likely to change this year, as new developments complete. We expect prime industrial rents in Norwich to grow by 3.7% p.a. over the next five years, taking them to £15.00 psf by end-2030.

295k sq ft

Annual take-up in 2025. The second half saw a revival in bigger lettings

665k sq ft

Demand for industrial space in Norwich moves to highest level in two years

5.6%

Availability rate. Very limited Grade A space. New schemes will ease shortage

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Sue Foxley

Research Director

Sue leads a dynamic programme of research at Bidwells. Working with her colleague Mark Callender, she is particularly focused on the real estate implications of the science and technology sector.

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Saul Western

Partner, Head of Commercial

Providing thorough and professional investment advice across the golden triangle and beyond.

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Partner, Head of Norwich Commercial

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