The handbrake is coming off in the West Midlands, where a recent upturn in deals activity shows the age of uncertainly is approaching its end, according to Shepherd Commercial director Kaine Arkinson.
Arkinson was the UK’s top individual dealmaker for May in EG’s On-Demand Rankings. As the month closed he had managed 14 completions, totalling 35,952 sq ft.
He says the industrial market is still the dominant force in the West Midlands, with a slew of cash-rich buyers waiting in the wings. However, he also believes there is a distinct shortage of stock at the smaller end of the market, and hopes the planning system can be unlocked to fix it.
