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A bright outlook for industrial property in Yorkshire in 2017

The outlook for the industrial property market in Yorkshire for 2017 is bright, according to leading global property consultancy Knight Frank. Rebecca Schofield, partner with Knight Frank commented: “The key themes to take from the industrial sector in the region at the beginning of 2017 are that we are seeing speculative development of small-to-medium sized units making a much needed return to the market and we are starting to see continued rental growth and confidence within the market, which augurs well for the future."“Throughout the industrial market, construction costs have acted as a brake on smaller speculative development over recent years. Occupier demand remains strong amid the shortage of units and we have see...[…]