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News Release

JLL IN THE NEWS

Industrial take-up tumbles

Estates Gazette


JLL remains in the top spot, despite falling take-up figures across the industrial sector. Nadia Elghamry reports

JLL has clung on to its top position in the industrial agents league table – but saw the space it found for tenants tumble. The national giant secured an 11% market share in H1 but transacted 16% less space to 5.8m sq ft, compared with the same period last year.

Nationally the market also fell by 16% in the first half of the year, landing 54.4m sq ft of deals – some way off 2015’s level of 65m sq ft. The North West was worst hit, seeing take-up fall by nearly half, closely followed by Wales at 40%. There were some winners, with Yorkshire and Humberside and Northern Ireland showing sharp increases.