Industrial and logistics investment activity in the North West held firm in H1 2025, according to the latest data from B8 Real Estate (B8RE).
In the first half of 2025, £532m transacted across 36 deals in the North West – only marginally down on the £538m recorded during the same period in 2024.
At the start of H2, £193m of industrial investment stock was reported to be under offer in the North West region – a 222% increase compared with H1 2024.
Take-up of units of more than 90,000 sq ft reached 1.56m sq ft across 12 transactions in H1 2025, a dip on the second half of 2024 when 1.9m sq ft transacted.
Availability of big box space rose to 6.64m sq ft driven by a wave of new completions. However, there is only 968,000 sq ft across six units currently under construction in the region – the lowest level since 2019.
Simon Wood, director at B8 Real Estate, said: “Our latest figures on the North West industrial and logistics market indicate an emboldened investment market despite several extenuating circumstances. As we move into the latter part of the year, it’s encouraging to see a strengthening pipeline which should mark a return of transactional appetite in the region.”
Will Kenyon, director at B8 Real Estate, added: “Despite global pressures affecting all avenues of the economy, the North West industrial occupational market has demonstrated underlying strength and with a further 1.30m sq ft of big box accommodation currently under offer, we predict annual 2025 take up to be broadly in line with last year’s total of 3.22m sq ft.
