
Big Shed Prospects: Key takeaways & conclusions
"With our bull, bear, and rental growth cases presented along with insight from our agency teams, what are the key takeaways?"
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"With our bull, bear, and rental growth cases presented along with insight from our agency teams, what are the key takeaways?"

"There are many reasons to be optimistic about the overall trajectory of the market, including key strategic drivers such as the emergence of nearshoring and resurgence of e-commerce. Scratching the surface of our data on vacancy also shows that everything may not be as it seems."

"Speculative completions and growth in second-hand space increase supply by 26%, yet BTS transactions rise 108% on levels seen in H1 2023"

"The region is well positioned for future rental growth, with just 1.16 years’ worth of supply available based on the five-year annual average take-up"

"Supply falls from peak of 6.56m sq ft in recent months as deals complete"

"Take-up has already surpassed long-term annual average by 27%"

"Vacancy rate at 7.05%; 28% of supply is within one large unit"

"Vacancy rate falls to 4.28%; forecast to drop to 3.92% by Q4 2024"

"Political stability and falling base rates to the rescue?"

"Demand rises in first half of the year as take-up of existing units set to drive a fall in vacancy into 2025"