A record number of industrial property was taken up in Wales in 2021 according to research conducted by Knight Frank. The independent global property consultancy reported that 1.84 million sq ft of industrial units of 50,000 sq ft and over were transacted in Wales in Q4 of 2021. A strong final quarter of the year saw a take up of industrial property over 50,000 sq ft reach 3.49m sq ft in Wales – up from 2.74m sq ft in 2020 and 2.5 times the amount transacted in 2019. Neil Francis, head of logistics and industrial at Knight Frank in Cardiff, said: “The figures were boo …
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