The speculative supply of warehouses over 100,000 square feet in the UK generally slowed since 2022. As of January 2024, the East Midlands recorded speculative supply amounting to 3.07 million square feet, making it the fastest growing market, followed by the West Midlands. Speculative development refers to construction projects that are undertaken without a commitment to a buyer or occupier.
Development pipeline of industrial and logistic warehouses in the United Kingdom (UK) from 2022 to 2024, by region
(in million square feet)
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Savills. (January 12, 2024). Development pipeline of industrial and logistic warehouses in the United Kingdom (UK) from 2022 to 2024, by region (in million square feet) [Graph]. In Statista. Retrieved November 08, 2024, from https://www.statista.com/statistics/999281/industrial-and-logistic-warehouse-regional-development-in-the-united-kingdom/
Savills. "Development pipeline of industrial and logistic warehouses in the United Kingdom (UK) from 2022 to 2024, by region (in million square feet)." Chart. January 12, 2024. Statista. Accessed November 08, 2024. https://www.statista.com/statistics/999281/industrial-and-logistic-warehouse-regional-development-in-the-united-kingdom/
Savills. (2024). Development pipeline of industrial and logistic warehouses in the United Kingdom (UK) from 2022 to 2024, by region (in million square feet). Statista. Statista Inc.. Accessed: November 08, 2024. https://www.statista.com/statistics/999281/industrial-and-logistic-warehouse-regional-development-in-the-united-kingdom/
Savills. "Development Pipeline of Industrial and Logistic Warehouses in The United Kingdom (Uk) from 2022 to 2024, by Region (in Million Square Feet)." Statista, Statista Inc., 12 Jan 2024, https://www.statista.com/statistics/999281/industrial-and-logistic-warehouse-regional-development-in-the-united-kingdom/
Savills, Development pipeline of industrial and logistic warehouses in the United Kingdom (UK) from 2022 to 2024, by region (in million square feet) Statista, https://www.statista.com/statistics/999281/industrial-and-logistic-warehouse-regional-development-in-the-united-kingdom/ (last visited November 08, 2024)
Development pipeline of industrial and logistic warehouses in the United Kingdom (UK) from 2022 to 2024, by region (in million square feet) [Graph], Savills, January 12, 2024. [Online]. Available: https://www.statista.com/statistics/999281/industrial-and-logistic-warehouse-regional-development-in-the-united-kingdom/
