Commercial Property

I&L sector bucks the trend with strong demand for units of all sizes

A shortage of stock, rising rents and construction costs gives the I&L sector the edge over offices and residential

Units F&G at Mountpark in Baldonell, newly built, top spec properties where joint agents CBRE and Cushman & Wakefield expect leases to be signed in the coming weeks

The industrial and logistics (I&L) property sector looks set to withstand the turbulence from the banking sector which is exacerbating investor concerns about the impact of increasing interest rates and construction costs.

Kevin McHugh of Harvey, the industrial property specialists, said the I&L sector has bucked the trend and there are several requirements not alone for small industrial lots but also for very large lots of between 28,000 and 56,000 square metres.

While rising interest ...