Distribution warehousing is coming back into vogue with investors.
Property investment specialists Cushman & Wakefield, SWIP and Aberdeen Property Investors have all noted a stabilisation of yields in prime property and a cautious return in property investment especially from overseas investors.
Yields for good covenants on ten – 15 year leases seem to have stabilised at around 7.5 per cent and distribution warehousing is seen as a safe bet.