Industrials is Stenprop’s UK multi-let industrial operating platform. Visit site

Why Multi-Let Industrial in the UK?

  • Industrial sector has outperformed both retail and office sectors over the last 20 years
  • Ability to generate high yields where income comprises a significant proportion of total return
  • Structural demand/supply imbalance promoting strong rental growth
  • There is an opportunity to revolutionise the space and provide superior returns to investors

Why MLI?

Structural Demand/Supply Imbalance


Structural shift in long term demand for industrials driven by:

  • Growth in the number of SME businesses
  • Shift of retailers from shops to Industrials/online
  • Move towards conveniently located flexible space
  • Technological revolution driving efficiencies and changing working practises


Severely constrained due to:

  • New development is not commercially viable based on current rental levels, particularly given the recent rises in construction costs
  • Constrained supply of land in and around urban areas
  • Move towards conveniently located flexible space
  • Most land supply is allocated to residential or wider employment uses with high values

Structural Imbalance of Demand and Supply Driving Rental Growth

Key Characteristics of MLI Property