The industrial sector has begun the year with a degree of caution but activity is hotting up in the small to medium size end of the market as opposed to sheds, according FHP joint founder and director John Proctor.

Proctor is EG’s Dealmaker of the Month for February after finishing the month top of the individual dealmaker Radius Rankings, with 116,155 sq ft of space either let or sold.

He says there are reasons for cautious optimism for the industrial sector, with demand picking up since the turn of the new year, particularly for units up to 50,000 sq ft. He also welcomes the fact that ESG has become intrinsic to the market, extending right the way down to the process of obtaining finance.