Our View
Prime industrial rents in East London remained at their peak level of £32.50 per sq ft in Canning Town, the highest rented location across the Eastern M25 market. Most locations have seen values remain stable over the past 12 months, the only exception being in Rainham, where prime rents moved to £21.00 per sq ft in the early part of the year. The price for owner occupier freehold’s have come under pressure, falling by 5.7% on average over the past 12 months, with a peak value of £525 per sq ft in Canning Town.
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Key Contact
Peter Higgins
Divisional Partner - East and North London & Herts Commercial Agency
020 3141 3534[email protected]