Stronger manufacturing demand is helping
the industrial sector, while the distribution
market is benefitting from e-commerce and internet fulfilment needs. Office markets have seen a modest increase in tenant enquiries, notably from TMT sectors, but a lot of businesses are still resistant to moving. The retail sector was exceptionally diverse even before recent corporate distress hit home. London is enjoying strong demand from overseas traders as well as luxury and fashion
retailers and restaurant operators. Better
South Eastern towns are also seeing relatively good interest while regional markets are less active, albeit with some new interest, for example from health and fitness centres.