Report

M1 South Industrial Databook - August 2024

21.8.24 DATABOOK

Our latest Databook provides an update on the M1 South Industrial Market

This year has seen a recovery in demand for Big Box units in the M1 South market. Take up in the first half of 2024 was 1.9 million sq ft and there was a further 496,000 sq ft under offer at the end of June. Requirements for Big Box units also increased and take-up for the full year is likely to exceed the 10 year average. Availability remains low at 5.6% and we expect prime industrial rents in M1 South to increase by 3% p.a. between mid-2024 and end-2029.

1.9^{m sq ft}

Take up of industrial space in the Milton Keynes and Northampton in H1 2024

5.6^%

Availability rate in Milton Keynes and Northampton increases

14.4^{% pa}

Growth in prime rents in Milton Keynes since 2020

Download our M1 South Industrial Databook:

Get in touch

Sue Foxley

Research Director

Sue leads a dynamic programme of research at Bidwells. Working with her colleague Mark Callender, she is particularly focused on the real estate implications of the science and technology sector.

Saul Western

Partner, Head of Commercial

Providing thorough and professional investment advice across the golden triangle and beyond.

Paul Davies

Partner, Business Space Agency

Heading our industrial agency team in Milton Keynes, Paul brings unparalleled industry expertise to the table.

Industrial & Logistics

Find out more

M1 South Industrial Databook - August 2024