By Scott McPherson, Associate Director Industrial & Logistics, Glasgow and Rhys Davies Associate Director Industrial & Logistics, Edinburgh. 

The Industrial and Logistics sector remained resilient throughout 2025, albeit, there was a slowdown in Q4 as a result of the budget and year end. The strength in the sector was highlighted through JLL’s Scottish I&L performance with a record-breaking year.

Several key deals drove this successful performance, including the letting of Westway 200, Scotland’s largest speculative development in three decades, and strong letting performance from Chancerygate’s newly completed Capital Park multi-let development in Edinburgh.

After a quiet period in the market to end 2025, Q1 2026 has started positively with a flurry of enquiries, viewings and new instructions. Sentiment across the market appears positive with steady requirements from occupiers and agents. One early trend observed in 2026 involves handful of occupiers serving break notices for exits in Q2/3 2026. This aligns with the end of the five-year leasing cycle, where in 2021, uptake reached record levels as a result of COVID-19. Some occupiers who required additional space previously, no longer require the same operational footprint, and we may see increased availability across the market as the year progresses. In a market which badly lacks new build construction, the JLL I & L team is in discussions regarding a handful of sites which will bring much needed, high- quality stock to the market.

You can see all of the commercial property listed by JLL on NovaLoca here.

https://www.jll.com/en-uk/

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