Dealmaker of the Month: Elise Evans, Lambert Smith Hampton
Oct 30, 2024
auto_awesome
In this discussion, Elise Evans, Director of industrial and logistics at Lambert Smith Hampton, shares insights on the booming decarbonisation efforts in the industrial sector. She highlights the strong demand for energy-efficient spaces, showcasing a notable 40,000 sq ft letting with an EPC A+ rating. Elise dives into the unique characteristics of the South Coast's industrial landscape, influenced by the bustling docks of Southampton. She also addresses the increasing role of women in the sector, noting both the progress and the challenges that remain.
The industrial property market is thriving, driven by strong demand for space and regional advantages such as proximity to major docks.
Sustainability is reshaping industrial developments, with increasing emphasis on energy-efficient buildings powered by renewable sources like solar energy.
Deep dives
Current Trends in the Industrial Market
The industrial property market is currently experiencing high demand, especially for units ranging from 2,000 to 10,000 square feet. Activity is noted in both small and large spaces, indicating a healthy cross-section of the market. Regions like the South Coast benefit from their proximity to major docks and skilled workforces, driving the demand and market segmentation. Recent trends show an interest from various sectors, including logistics and manufacturing, as businesses look to upgrade their facilities to enhance quality and energy efficiency.
Sustainability and Decarbonization Efforts
Environmental standards are increasingly influencing industrial developments, with many new buildings constructed to high sustainability standards. Landlords are actively pursuing measures to achieve higher EPC ratings, such as installing solar panels and improving insulation. The demand for energy-efficient buildings is now driven by tenants' requirements for sustainability, reflecting broader trends in corporate responsibility. As the industrial sector embraces these changes, it demonstrates a shift toward greener practices, encouraging landlords to adapt their properties accordingly.
Women’s Representation in the Industrial Sector
There is a noticeable increase in the presence of women within the industrial property sector, reflecting a broader shift in the industry over the past decade. The industrial market has become more attractive for a diverse workforce, as it has shed its historical image of being a less desirable field. Women have been increasingly filling roles in industrial agencies and representation at industry events has visibly improved. Despite this progress, the sector still has work to do to achieve true gender parity, as men remain the majority in this area.
The industrial sector has made huge strides forwards in decarbonisation as landlords, tenants and even the customers of tenants all demand increasingly green credentials, according to Lambert Smith Hampton director of industrial and logistics Elise Evans.
Evans was the South East’s top industrial dealmaker in the Radius On Demand Rankings in September, with five deals totalling 68,201 sq ft of space. Among them was a 40,000 sq ft letting at Langstone Park in Havant in a building rated EPC A+ and powered entirely through rooftop solar PVs.
She says demand for the full spectrum of industrial classes remains strong on her south coast patch, where the docks of Southampton support a thriving logistics sector and advanced manufacturing and engineering flourishes further east.
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode