Over the last six months, logistics demand across both Milton Keynes and Northampton has intensified, driving down the availability rate to just 4.7%. The sharp pace of expansion in the wider market, particularly high technology engineering, might not have been expected after such a challenging period.
The return of local demand for smaller units in Milton Keynes, is a positive indication of the direction of travel for business investment. However, the sharp increase in requirements for 50,000+ sq ft units is particularly marked and will rely on the acceleration in the delivery of new stock.