Prime industrial rent costs in the United Kingdom (UK) Q2 2019

Cost of prime industrial rents in selected cities in the United Kingdom (UK) as of 2nd quarter 2019 (in euros per square meter per year)

by James Cherowbrier, last edited Aug 14, 2019
Prime industrial rent costs in the United Kingdom (UK) Q2 2019 This statistic displays the most expensive locations for rentals of prime industrial properties in the United Kingdom (UK) as of the 2nd quarter 2019. The industrial subsector of the property market consists of many types of real estate, such as i.e: specialized warehouses, distribution buildings, showroom facilities, manufacturing buildings, cold storage facilities, telecom or data hosting centers, "flex" buildings denoting more than one industrial or commercial facilities housed in the same building, and finally R&D buildings. Depots and warehouses tend to range from fifty thousand to hundreds of thousands of square feet. They are used for keeping and distributing inventory.
Data collected in the second quarter of 2019 showed that that London Heathrow was the most expensive city area in terms of prime industrial rents: the costs increased from 174 euros per square meter as of the 1st quarter 2017 to costs of 187 euros per meter per year as of the second quarter 2019. On the other end of the spectrum, Newcastle offered some of the lowest rents for prime industrial property, with one square meter costing 66 euros on average as of the second quarter 2019.

Prime warehouse rent costs in the UK reflect the upper end of the scale on a European basis. Other countries that reflect similar prices in large warehouse rents include the Nordic countries.

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Cost of prime industrial rents in selected cities in the United Kingdom (UK) as of 2nd quarter 2019 (in euros per square meter per year)

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