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Spotlight on Severnside: Vacancies Sink to Record Low in Key South West and Wales Logistics Locations

Tight Vacancy Has Pushed Industrial Rents Up by 10% in the Past Year

Nearly 2,800 industrial properties are located in the Severnside area which includes the submarkets of Cardiff Core, Newport, Monmouthshire, Bristol Core and South Gloucestershire. (CoStar)
Nearly 2,800 industrial properties are located in the Severnside area which includes the submarkets of Cardiff Core, Newport, Monmouthshire, Bristol Core and South Gloucestershire. (CoStar)

Industrial vacancies in the Severnside area between Cardiff and Bristol, covering the markets of Cardiff Core, Newport, Monmouthshire, Bristol Core and South Gloucestershire, have dropped to their lowest level on record.

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