UK Big Box 2021 Report

2021 was another huge year for occupier demand.

January 17, 2022

The UK logistics market had another stellar year in 2021, following high occupier demand in 2020.

Some on the key takeaways include:

·        take-up exceeded 35 million sq ft

·        e-fulfilment demand drove 41% of all take-up

·        vacancy in completed space fell to just 1.1% of stock

·        prime rents rose by around 15% on average

·        investment into the industrial and logistics sector hit an all-time high.

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