The South Coast industrial/logistics market maintains strength as limited inventory of new and refurbished warehouse space continues to fuel rental growth despite economic headwinds. For eCommerce and logistics operators, this supply scarcity ensures sustained space competition and escalating occupancy costs in the medium term. Deal flows are picking up with increased landlord incentives, though property completions are lengthening, indicating a market cooling from recent peaks but remaining fundamentally supported by structural supply constraints.
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