Investment director at Jones Lang LaSalle discussed the UK industrial investment market

1. The North West
Investment Market
James Porteous
Director, Capital Markets
June 2013
Investment

2. Current trends – UK Investment Activity
Greater
London
45%
Rest of UK
55%
Investment Activity: 2006-2010
Greater
London
54%
Rest of UK
46%
Investment Activity: 2011-2012

3. Current trends – who are the vendors ?
44%
3%
7%
30%
3%
13% Institutions / Pooled Funds
Private Investor
Propco's
Insolvency / Consensual
Unknown
Other
Source: Jones Lang LaSalle, 2013

4. Current trends – who are the purchasers
33%
67%
Source: Jones Lang LaSalle, 2013
33%
UK
67%
Global 2012 (£m)

5. Global Sources of Funds
NB: Other geographies or unknown capital accounted to GBP 1.5 billion
Source: Jones Lang LaSalle; Property Data (UK); October 2011
UK DomesticAmerica
Global
Asia Pacific
Middle East
Europe

6. Industrial Property Volumes
Source: Jones Lang LaSalle, March 2013

7. Limited new development
and available stock
Current trends

8. Prime multi-let industrial and single let distribution yields

9. Key Transactions
Omega Warrington
Brake Brothers £19.0m
LIM 6.0%

10. Key Transactions
Revolution Park, Chorley
Encon Insulation £6.6m
AUB Fund 7.75%
10 years unexpired

11. Key Transactions
Buckshaw
6.5 years to expiry
225,196 sq ft
£10,250,000 – 9.2%
20% Vacant

12. SE will remain expensive

13. Who are and will be the purchasers?
2013–2014

14. Thank You