Jacksons - Magazine - Page 5
the development is set to expand further with additional housing,
commercial space, and public green areas. These types of projects are
not only enhancing the quality of life for residents but also injecting
millions into the local economy.
INDUSTRIAL AND LOGISTICS SECTOR ON THE RISE
The commercial property landscape in Kent is also seeing strong
performance, particularly within the logistics and warehousing
sector. A notable example is the Panattoni Park development in
Sittingbourne, currently the largest speculative industrial build in Kent
in over ten years. Once complete, the site will offer over almost 770,000
square feet of premium industrial space, attracting major occupiers
such as Amazon and Tesco. The demand for modern logistics space is
pushing up rents and reducing vacancy rates across the county.
Nationally, vacancy rates for prime industrial units have dropped
significantly, and Kent mirrors this trend, with average rents
continuing to rise. This growth is expected to remain steady through
2025 as demand continues to outpace supply.
ECONOMIC CONFIDENCE AND IMPROVED
CONDITIONS
The wider economic picture is also contributing to a more confident
property market. Kent’s economy has been outperforming national
averages, driven by strategic investment and its position as a key
gateway to Europe. The recent fall in inflation to just above 2%—the
lowest in three years—alongside expectations for lower interest rates
by the end of the year, has further boosted market sentiment.
These improving conditions have led to an increase in property
transactions and a more active market, particularly among first-time
buyers.
RESIDENTIAL APPEAL AND LIFESTYLE SHIFTS
Kent continues to attract homebuyers from London and other
parts of the South East, thanks to its blend of countryside, coast,
and commuter links. Towns like Deal and Faversham have become
increasingly popular among professionals and families seeking more
space and a better quality of life while maintaining access to the
capital.
With borrowing costs expected to stabilise and house price growth
moderating, many are viewing 2025 as a good time to enter the
market—especially with new-build supply increasing across the
region.
RETAIL AND INNOVATION SUPPORT BROADER
GROWTH
After years of contraction, the retail sector is starting to regain
momentum, with several major brands expanding their footprint in
Kent. Retail sales figures have improved, and new retail units are being
incorporated into mixed-use developments to support local demand.
In parallel, Kent is investing in innovation. Business parks like
Discovery Park and Kent Science Park are attracting biotech firms and
other high-value industries. For example, international pharmaceutical
company Asymchem recently set up its European headquarters in the
county, marking a vote of confidence in Kent’s business environment.
Kent’s property market is benefiting from a perfect storm of
regeneration, rising demand, and economic resilience. From
commercial hubs to coastal towns, the county is well-positioned to
thrive in the months and years ahead—making it a standout region in
the South East for both investors and homebuyers alike.
LIFESTYLE MAGAZINE
5
