Lambert Smith Hampton
A sector built on solid
foundations
Recent political upheaval has brought another dose of uncertainty to the UK industrial and logistics market. It is important to remember though that this is a sector built on solid foundations which continues to be well placed to outperform. Overall take-up in 2024 was relatively steady across
the UK, with occupiers remaining cautious throughout the year in their attempt to navigate their way through the sluggish economic conditions. Having said this, 2024 did end on a positive note, with a
fl urry of major deals driving Q4 take-up to the highest levels since Q1 2023. T e early signs of 2025 have supported this more positive narrative with several fresh requirements of a signifi cant nature coming into the market, a trend which Milton Keynes itself has started to see and may soon be the benefi ciary of. With a permanent base in Central Milton Keynes, Lambert
Smith Hampton (LSH) is well placed to service this demand, providing excellent local market knowledge which in turn is supported by the wider teams in London, Birmingham and Oxford. Taking this into account, LSH have a unique off ering in terms of national coverage with our physical regional presence, providing disposal and acquisition advice to an array of international, national and local clients.
Louis Day Surveyor Lambert Smith Hampton
Our young dynamic agency team has recently been
appointed on a number of significant instructions in the area including Kier’s Logistics City, a 125,647 square foot prime ‘Grade A’ logistics building currently under construction and due to be ready for occupation at the end of 2025. T is was followed up by another 123,284 square feet leasehold disposal instruction of the strategically located Axis 123 in Kingston. T ese two notable instructions only add to the strong
presence LSH has in the area, providing advice on several well-established industrial estates across Milton Keynes as well as the ever-growing Silverstone Park where construction on the latest phase of development ‘Evolve’ is under way which will provide hybrid units of 7,968 to 24,638 square feet. T e work at Silverstone is another great example of the synergy at LSH with our Milton Keynes, Oxford and London offices working collaboratively to provide both agency and lease advisory services. T e positive start to the year has been reinforced by the
recent hire of Akhtar Alibhai which has bolstered LSH’s off ering across the South East market in turn supporting the Milton Keynes Industrial & Logistics Agency team of Joe Skinner, Louis Day and Poppy Nelson. Reach out to the team if you wish to discuss any disposal and acquisition opportunities further.
Contact the team at Joe Skinner -
jskinner@lsh.co.uk/07739 973929; Louis Day -
lday@lsh.co.uk/07708 479451; Poppy Nelson -
pnelson@lsh.co.uk/07593 893817 Or visit
www.lsh.co.uk to fi nd out more
Axis 123
Logistics City Milton Keynes
ALL THINGS BUSINESS | 38
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