"Continued absence of larger sheds, particularly above 500,000 sq ft"

"Pockets of undersupplied size bands, but the bulk of space sits in the 100,000–300,000 sq ft band"

"Supply falls by 6% resulting in undersupply in some sub-markets"

"Fall in vacancy has been supported by increased deal activity, particularly for larger units"

"Build-to-suit transactions return to the market"

"Vacancy rate falls to 5.71%, the lowest level since Q1 2023"

"Addition of one unit alone rises supply 179% quarter-on-quarter"

"A stuttering start to 2025"

"Occupiers taking stock"

"Build-to-suit transactions have fallen to their lowest level since 2013; however, promising BTS requirements alongside ongoing discussions point to an uptick in take-up in the rest of 2025"