Industrial rents could fall most in Midlands and Northern England

We expect all-industrial rental values to decline by 9% this year and by a further 13% in 2010. However, the experience of the early 1990s suggests that the worst performing regions could see annual falls in rental values that are around five percentage points bigger than the all-industrial average. The latest data from King Sturge suggest that the West Midlands, the North and Yorkshire & Humberside are the three regions most likely to see such above-average falls.