• Take-up for 2018 is some 22.07m sq ft which is on par with the record breaking year in 2016.
  • The East Midlands is the UK’s powerhouse accounting for 38% of all take-up.
  • 74 deals with average building size of 298,306 sq ft.
  • Online retail accounted for 28% of take-up followed by 3PLs at 25% and traditional retail at 18%.
  • More XXL warehouses (500,000 sq ft plus) let in 2018 than in any previous year.
  • 14 months brand new Grade A supply and 16 months second hand.
  • 80 buildings under construction amounting to 23.03m sq ft.