Take up of logistics space in the West Midlands is at almost twice the five-year average but uncertainty created by Brexit, Covid and a global shipping crisis are increasingly forcing occupiers to ask for short term leases thus presenting difficult decisions for landlords, according to Darby Keye director Chris Keye.
Darby Keye is a niche industrial specialist which has nevertheless risen to second in the Radius On Demand Industrial Rankings for the West Midlands region after transacting 605,174 sq ft of space so far this year. Only JLL has disposed of more space in the West Midlands, where geography makes it a competitive marketplace for the logistics sector.
Keye says pent up demand, exacerbated by a shortage of available space, means that landlords are frequently able to hang out for long term leases, but some units are being taken for as little as three months as occupiers look for short term solutions to ride out the current supply chain chaos. He believes the industry needs to work more closely with occupiers to deliver space best suited for their future needs.
Dealmaker of the Month: John Proctor, FHP
School of Hard Knocks: Serial founder Neil Sinclair
In on the Act: Daniel Black discusses differences between English and Scottish law
Voice of the Region: Glasgow – Captain of industry
School of Hard Knocks: Canary Wharf Group’s Jane Hollinshead
School of Hard Knocks: JLL’s Katie Kopec
Bricks & Mortar: RICS Matrics Surveyor of the Year, Carolyn Brady discusses her career in property
Dealmaker of the Month: Patrick Matheson, Knight Frank
On the Case: The Building Safety Act bites in Olympic Village dispute
Bricks & Mortar: Changing career and establishing yourself as a sole practitioner
Voice of the Region: Teesside – Riverside renaissance
Bricks & Mortar: Turley’s James Simondson on delivering social value through planning
In on the Act: Stephen Jourdan KC discusses the Leasehold and Freehold Reform Bill
School of Hard Knocks: Harworth’s Lynda Shillaw
Bricks & Mortar: CSTT’s Terry Watts rounds up on the trust’s latest initiatives
EG’s Office Politics Christmas Feast
The top 10 property law cases of 2023
In on the Act: The legislative highlights of 2023
School of Hard Knocks: Scarborough Group’s Kevin McCabe
Bricks & Mortar: ”I genuinely love every minute of it.” Jones Hargreaves’s Sammi Johnstone discusses her journey in surveying
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Aktörspodden
The Power of Storytelling
The Ramsey Show
Planet Money