Our Q4 2016 update also reveals:

• Industrial volumes accounted for 11.1% of all property volume for 2016, its highest since 2009.
• REIT's remain net buyers of industrial despite being net sellers of all UK property.
• Local authorities were active buyers, taking advantage of low borrowing costs.
• Limited buying opportunities and strong occupier market fundamentals continue to put pressure on pricing.
• While pricing will remain firm, volume in Q1 will be down on last quarter due to an underlying lack of stock.