HIGH DEMAND IN THE INDUSTRIAL SECTOR
Following the COVID-19 pandemic, we saw changes that greatly effected the industrial sector. Increasing demand for logistics spaces and data centres, fuelled by exponential growth in online shopping.
As a result, there is an undersupply of property to keep up with the market changes. Retail warehouse parks however, will prove to be resilient to both COVID-19 and internet retailing. Remaining traditional industrial spaces could be repurposed or revamped to increase productivity in some booming markets.
Rents are on the increase, and pricing will be driven both by both the weight of investor demand and occupational fundamentals. Logistics will remain many investors’ sector of choice through 2024 and beyond.
THE IMPORTANCE OF SURVEYING
THE INDUSTRIAL SECTOR
Survey solutions and data are having a positive impact on the industrial sector.
Like many sectors, the industrial sector must look at innovative ways of becoming more sustainably friendly. This is particularly true in traditional industry and factory work.
Our data allows architects, consultants and contractors to make decisions that will impact the long-term future of buildings. By helping industrial businesses become more sustainable, energy costs can be reduced and green targets reached whilst becoming more attractive to investors.
As we become more reliant on advanced technology, industrial spaces will change and adapt. It’s our job to provide you with the most detailed information possible to help make informed decisions about your space.
You can view selected industrial sector jobs below.
