■  Investment volumes in the first three quarters of 2015 in the logistics sector have reached £2.01bn, with £624m of stock transacted in the third quarter.

■  Whilst this is lower than the corresponding period in 2014 deal volume exceeds Q3 year to date volumes for any other year in the last fifteen.

■  In our last market update we reported that Tritax have accounted for a quarter of all logistics investment deals, by value, in 2015. This has continued into the third quarter with Tritax Big Box REIT forward funding the largest deal of the quarter by committing £59m to TK Maxx's new 650,000 sq ft unit in Wakefield.

■  Savills prime yield for distribution warehouses is currently 4.50% having moved in 125bps over the past 18 months. Whilst market conditions remain robust, we are beginning to see subtle changes in investors language and sentiment which is translating into increasing selectiveness when it comes to stock picking.

■  We are now in what is traditionally the busiest quarter of the year and have seen a marked increase in the amount of available investment opportunities. Savills industrial investment team are tracking approximately £750m of available investment stock across 40 opportunities. The profile of available stock is generally secondary as investors are retaining prime whilst seeking to achieve strong prices for poorer quality stock before the market cools.

^{Source: Savills, Property Data}