^{▲ 360 at Logistics North which Aviva have purchased for £44.2m}

■ The industrial and logistics market continues to attract unprecedented investor attention with investment volumes for logistics units reaching £3.7bn, making it the second best year on record.

■ The wider industrial market saw £7.7bn of assets transacted, accounting for 17% of all investment in UK commercial property. This is the highest proportion of the market ever recorded, up from a long-term average of just 9.8%.

■ Stock availability remains an issue for investors as many of the largest owners are holding stock rather than trading. The headline statistics have therefore been bolstered by a number of portfolio deals such as Ultrabox which transacted for £286m in April and the Cabot portfolio where London Metric invested £116.6m in August.

■ Overseas investors increased their share of the market in 2017 and now account for 25% of all purchases, up from 22% in 2016. The competition for prime assets has increased as supply remains low and the number of investors pursuing a limited quantum of stock continues to rise. Consequently, money spent by UK institutions fell to 17.5% in 2017 from 20% in 2016 as overseas buyers took advantage of currency devaluation.

■ Savills prime yields have fallen by 50bps in 2017 and now stands at 4.25% for prime single let logistics units.

^{Source: Savills Research, Property Data}

^{Source: Savills Research, Property Data}