Retail is driving the industrial market, pushing up take-up of medium-sized units and boosting rents, according to the latest industrial data from EGi. Retail accounted for 42% of the 127.4m sq ft of industrial take-up between October 2014 and September this year, up from 31% in 2010. And, said experts at Estates Gazette’s Industrial & Logistics Summit last week, including third party logistics specialists, retail was likely to represent more than 50% of the market.
