Prime industrial rent costs in the United Kingdom (UK) Q4 2018

Cost of prime industrial rents in selected cities in the United Kingdom (UK) as of 4th quarter 2018 (in euros per square meter per year)

Prime industrial rent costs in the United Kingdom (UK) Q4 2018 This statistic displays the most expensive locations for rentals of prime industrial properties in the United Kingdom (UK) as of the 4th quarter 2018. 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 range from fifty thousand to hundreds of thousands of square feet. They are used for keeping and distributing inventory.
Data collected in the fourth quarter of 2018 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 185 euros per meter per year as of the 4th quarter 2018. 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 fourth quarter 2018.

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 4th quarter 2018 (in euros per square meter per year)

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Price per square meter per year in euros
London Heathrow185
London Croydon161
Edinburgh101
Glasgow89
Bristol86
Manchester83
Birmingham82
Cardiff77
Leeds74
Newcastle66
Price per square meter per year in euros
London Heathrow185
London Croydon161
Edinburgh101
Glasgow89
Bristol86
Manchester83
Birmingham82
Cardiff77
Leeds74
Newcastle66
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This statistic displays the most expensive locations for rentals of prime industrial properties in the United Kingdom (UK) as of the 4th quarter 2018. 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 range from fifty thousand to hundreds of thousands of square feet. They are used for keeping and distributing inventory.
Data collected in the fourth quarter of 2018 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 185 euros per meter per year as of the 4th quarter 2018. 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 fourth quarter 2018.

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.
Show more
Release date
2019
Region
United Kingdom
Survey time period
4th quarter 2018
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