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Supply chain solutions giant Wincanton acquires additional industrial space at Bellshill s Belgrave Logistics Park
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Knight Property Group founder and chairman James Barrack
An Aberdeen-based property expert has said the Scottish logistics market is enjoying its strongest occupational demand in 25 years.
James Barrack, founder and chairman of Granite City-based Knight Property Group, highlighted a structural shift in demand for the industrial and logistics sector.
A driving factor is a seemingly insatiable demand for online shopping, which should lead to longer-term, “more sustainable” growth, he added.
Appetite is strong across the board in the industrial and logistics sector.”
Simon Cusiter, Lismore Real Estate Advisors
Mr Barrack was speaking as Lismore Real Estate Advisors launched its latest quarterly review of the Scottish property investment market, saying the road to recovery was “starting to become evident”.
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