Arc Market Industrial Databook - Spring 2022 M1 South

2021 saw industrial take up across Milton Keynes and Northampton reach record levels. While new stock has been added, many retailers and logistics operators are having to focus on pre-lets to secure space.

The first quarter of 2022 has already seen pressure on rents supporting the continued inward movement of prime industrial yields in Northampton and Milton Keynes. The latter market is expected to record average rental growth of close to 7% over the next five years.