Spotlight on Leicester industrial: Peak vacancy is likely to be in the rearview mirror

Leicester’s position at the heart of the Golden Triangle has long underpinned its role as a key logistics hub, even as the market has navigated a period of rising vacancy and softer occupier demand. After several years of adjustment following a wave of new supply, conditions now appear to be stabilising, with early signs of renewed activity, particularly at the larger end, pointing to a potential turning point. Here are some of the key themes: