Stenprop has recorded a jump of 80% in industrial leasing enquiries during the opening weeks of 2021, as its management team predicts “a strong recovery” for the multi-let industrial market once Covid restrictions ease.
The investor said average weekly enquiries on its industrials.co.uk leasing portal so far this year are 80% ahead of where they stood during the final quarter of 2020, with more than 96,000 sq ft of new lettings placed under offer in January.
In a trading update, the company said the MLI market had “sustained itself well” during the latest coronavirus lockdown, adding that “the shutters are open and our customers are open for trade” at many of its sites.
