Mucklow’s AGM reports a continuation of the positive trends seen last year. The availability of modern industrial space across Midlands “has continued to decline” and occupier demand has remained at good levels. This is driving rental growth with higher rents “consistently being achieved on new lettings and lease renewals” and the vacancy rate has declined from 5.4% at the year end to a record of low of 4.7% currently, which “may reduce further” by th

10 Nov 2015
AGM - Rents and values continue to improve

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AGM - Rents and values continue to improve
A&J Mucklow Group (MKLW:LON) | 0 0 0.0% | Mkt Cap: 324.1m
- Published:
10 Nov 2015 -
Author:
Chris Thomas -
Pages:
2 -
Mucklow’s AGM reports a continuation of the positive trends seen last year. The availability of modern industrial space across Midlands “has continued to decline” and occupier demand has remained at good levels. This is driving rental growth with higher rents “consistently being achieved on new lettings and lease renewals” and the vacancy rate has declined from 5.4% at the year end to a record of low of 4.7% currently, which “may reduce further” by th