Interview with Jonathan Wallis, Managing Director at Tritax Big Box Developments
We chatted with Jonathan Wallis, Managing Director at Tritax Big Box Developments, to discuss the current dynamics of the industrial and logistics sector. Jonathan highlights the key challenges and opportunities in his area of focus, explains why staying up to date is vital for professionals in the market, and shares the major trends likely to shape the sector over the coming year.
Q) What are the biggest challenges or opportunities in your area of focus that attendees should be aware of?
A) The challenges are well known. Planning delays, grid capacity, and infrastructure constraints, to name a few. On the opportunity side, large scale logistics sites are key to unlocking the infrastructure needed to deliver the governments housing targets.
Q) Why is it vital for professionals to stay up to date in the I&L market?
A) Quite simply, it’s our job. This is a fast-moving sector shaped by policy, infrastructure and occupier demand. If you’re not keeping pace, you’re falling behind.
Q) Which trends or forces do you think will shape industrial and logistics in the upcoming year?
A) Planning will continue to dominate the agenda, particularly with the impact of local government reorganisation. That uncertainty is likely to slow decision-making and therefore delivery in the short term.