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LOGIC: West Yorkshire & The Humber - 2025 Review
Knight Frank's 2025 review of the West Yorkshire and Humber logistics and industrial sector reports that occupier take-up rose 15% year-on-year to 2.4 million square feet, marking the third consecutive annual increase, with demand concentrated in units of 100,000 to 200,000 square feet and distribution firms accounting for 67% of activity. Prime industrial yields in Leeds remained stable at 5.25% throughout 2025, and investment activity strengthened in the second half of the year with notable transactions including LondonMetric's £17 million purchase of the Booker warehouse and M7 Real Estate's £49 million acquisition of West Yorkshire assets, though limited speculative development is creating a supply-demand imbalance expected to constrain activity through 2026.
Industrial & LogisticsLeedsUnited Kingdom
Updated 1 month ago
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