Key points:

-The UK reached a new quarterly record high level of take-up in Q3 2020, surpassing Q2’s already unprecedented levels. 

-Availability fell slightly despite developers' efforts to respond to the surge in demand for ready to occupy logistics units.

-Shifts in shopping behaviours due to COVID-induced lockdowns are having lasting effects in online retailers demand for logistics real estate.

-Prime big box rents have increased across most of the UK regions, reaching new record high.

-Prime yields compressed further in the regions.

-Investment volumes for Q3 have bounced back up again following the dip in Q2, reflecting the robustness of the sector.