JLL: Cardiff Industrial Deal and East London Industrial Market Overview
Cardiff Deal
JLL are delighted to share that we have successfully completed on the acquisition of Unit 1 Hirwaun Industrial Estate, a substantial 97,372 sq ft industrial facility on behalf of Welsh Government. It is great to see Welsh Government making the position step to acquire large second-hand stock to make the necessary investment and provide floor space that reflects what both occupiers and the market demands. This also ensure a pipeline of floorspace coming to the market and providing much needed options for occupiers where new development is slow to come forward.
Team details
Heather Lawrence
Director
heather.lawrence@jll.com
07791 022 372
Kate Openshaw
Associate
kate.openshaw@jll.com
07592 112 070
Adam Conway
Surveyor
adam.conway@jll.com
07709 507372
East London Market overview
The East London industrial market is demonstrating significant momentum compared to last year. While broader economic headwinds persist, occupier activity on the ground remains robust, with businesses actively progressing lease negotiations and making strategic location decisions.
Recent transactions underscore the market’s underlying resilience, with sustained demand concentrated predominantly on comprehensively refurbished second-hand stock. This reflects occupiers’ pragmatic approach, prioritising move-in ready facilities that balance cost efficiency with modern specifications.
Looking ahead, with substantial Grade A vacancy now available along the A13 corridor, we anticipate this occupier interest will increasingly extend towards brand new, prime-quality industrial developments throughout the next year.
Immediately available opportunities include fully refurbished modern industrial and warehouse units ready for occupation:
C2 & C3 Eastern Approach, Barking, comprehensively refurbished units offering flexible floor plates and modern specifications within an established logistics hub.
Alpine Way, Beckton, extensively upgraded warehouse accommodation benefiting from excellent transport connectivity and immediate M25/A13 access.
These properties represent compelling options for occupiers seeking quality space without development lead times, combining the advantages of refurbished stock with strategic East London positioning.
You can see all of the available industrial commercial property listed by JLL on NovaLoca here.
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