This year's Kent Property Market Report has been unveiled to an audience in London.

Released last month, it examines the commercial and residential needs of the county.

It is compiled by Kent County Council, inward investment agency Locate in Kent and Caxtons Chartered Surveyors.

And this week, the county presented its findings to 60 London property professionals.

The audience was told how Kent’s property and land values have risen across a number of sectors during 2019, with both local and inward investors seeking and obtaining a variety of commercial and residential property prospects, including industrial, office and development options.

Two of the main reasons for Kent’s property resilience were its relative affordability when compared other parts of the south east and its ease of access to London, Europe and beyond.

Despite national developers now active across Kent, the market is frustrated by a shortage of stock in the industrial and distribution market.

However, there has still been an 11% increase in average prime rents over the past 12 months. This is brought into sharp focus by Medway, which has seen a remarkable 67% increase in prime industrial rents during the last three years.

Office to residential conversions over recent years have depleted the town centre office stock in many towns across the county. The supply shortages have driven rental growth resulting in a 35% increase in average prime rents over the past five years.

Read more: For the latest business news for Kent