There is no question that investment volumes have fallen in 2023. We started the year with many of us asking whether the bubble had finally burst for the I&L sector. However the fundamentals of this sector remain strong, as rents and demand continue to hold up well.
Low vacancy rates, demand for space (particularly for developable land) and the changing business needs of occupiers all continue to drive warehouse demand. During this ‘lull’ period, we are, perhaps unsurprisingly, seeing a much heavier focus on asset management (sweating the asset). This is one area where a collaborative partnership between asset managers and your lawyers is key. With that in mind, we have set out below a number of top tips that you may like to consider.
