The take-up rate of big-box warehouses in the United Kingdom (UK) has exceeded the 10-year average for two consecutive years. 2021 was a record year for big-box warehousing, with a total of about 51 million square feet in take-up. According to the source, take-up represents the "total floor space known to have been let or pre-let, sold or pre-sold to tenants or owner-occupiers".
Quarterly take-up rate for big box warehouses in the United Kingdom (UK) from 2015 to 2021
(in million square feet)
Characteristic
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Q2
Q3
Q4
10-year average
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BNP Paribas Real Estate. (February 3, 2022). Quarterly take-up rate for big box warehouses in the United Kingdom (UK) from 2015 to 2021 (in million square feet) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1272412/warehouse-take-up-rate-logistics-market-united-kingdom/
BNP Paribas Real Estate. "Quarterly take-up rate for big box warehouses in the United Kingdom (UK) from 2015 to 2021 (in million square feet)." Chart. February 3, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1272412/warehouse-take-up-rate-logistics-market-united-kingdom/
BNP Paribas Real Estate. (2022). Quarterly take-up rate for big box warehouses in the United Kingdom (UK) from 2015 to 2021 (in million square feet). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1272412/warehouse-take-up-rate-logistics-market-united-kingdom/
BNP Paribas Real Estate. "Quarterly Take-up Rate for Big Box Warehouses in The United Kingdom (Uk) from 2015 to 2021 (in Million Square Feet)." Statista, Statista Inc., 3 Feb 2022, https://www.statista.com/statistics/1272412/warehouse-take-up-rate-logistics-market-united-kingdom/
BNP Paribas Real Estate, Quarterly take-up rate for big box warehouses in the United Kingdom (UK) from 2015 to 2021 (in million square feet) Statista, https://www.statista.com/statistics/1272412/warehouse-take-up-rate-logistics-market-united-kingdom/ (last visited July 22, 2024)
Quarterly take-up rate for big box warehouses in the United Kingdom (UK) from 2015 to 2021 (in million square feet) [Graph], BNP Paribas Real Estate, February 3, 2022. [Online]. Available: https://www.statista.com/statistics/1272412/warehouse-take-up-rate-logistics-market-united-kingdom/