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Birmingham Post
Birmingham Post
Business
Lauren Phillips

Welsh industrial property market rebounds in first quarter of the year

The take up of large industrial space in Wales grew sharply in the first quarter of 2023.

Latest research from property advisory firm Knight Frank saw take up of industrial property over 50,000 sq ft in Wales bounce back in Q1 2023 following a subdued three months, with transactions totalling 412,000 sq ft over six deals.

The level of activity was four times more than the final quarter of 2022 and almost 100,000 sq ft more than the same period the previous year.

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