Big Box Q3 2020
JLL's Big Box Q3 market update provides market data and insight on the logistics market in the UK.
Occupier take-up of Grade A logistics floorspace totalled 12.4m sq ft in Q3 – the highest level of take-up on record.
Q3 2020 was another turbulent quarter for the whole sector, and with a huge amount of economic uncertainty, the logistics market continued to demonstrate the importance of supply chains and the continuing demand for logistics floorspace to keep the nation moving.
We have seen the highest take-up level on record in Q3 (12.4m sq ft), which is testament to the resilience of this sector. E-commerce related businesses continued to take a large amount of space, reinforcing the shift in consumer shopping habits.
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