Research

Big Box 2020

The UK logistics market remains resilient in 2020, with take-up of big box space reaching an all time high

January 08, 2021

In what was a highly turbulent year for the economy as the COVID-19 pandemic struck, the logistics market not only weathered the storm but was required to out-perform as the nation became even more reliant on supply chain delivery. The logistics market in the UK has seen huge growth in 2020, hitting record high levels of take-up involving Grade A units of 100,000 sq ft+, reaching 39.4 million sq ft. This is the highest year on record and the first year that we have recorded over 30 million sq ft of take-up, an increase of 64% on 2019’s figures.

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