■ Take-up for the first three quarters of the year has reached 17.5m sq ft across the country over 73 separate transactions. This is almost 1m sq ft above the long term average for take-up levels achieved by the end of the third quarter.
■ Whilst these levels are robust we have seen take-up levels decline for the second successive quarter. However, this can be directly attributed to lack of market supply in core markets and key size bands as we examine further in the paper.