Key highlights:

-Yet another quarter of record big box take-up, the third new high in the last 5 quarters

-Supply is responding but not enough as UK big box availability has plummeted 31% QoQ and 42% YoY

-Prime big box rents have reached a new high for the South East of £17.50 psf

-Investment volumes remain resilient, switching big portfolio deals for significant single-asset transactions