Industrial and logistics real estate vacancy rate in the UK 2011-2024
The vacancy rate of industrial and logistic real estate in the United Kingdom (UK) rose in 2024, doubling since the market dip in 2021. In 2024, about 6.5 percent of warehouses over 50,000 square feet were vacant, up from 3.2 percent in 2021. Big shed warehouses, or units over 100,000 square feet, experienced slightly higher vacancies, but the vacancy rate ranged between two and eight percent depending on the region.