Future Space: shedding light on industrial & logistics through our 2023 census
"The economic challenges of 2023 prompt optimism for 2024"
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"The economic challenges of 2023 prompt optimism for 2024"
"There is a renewed sense of optimism in commercial real estate markets, underpinned by more than the simple exuberance that often accompanies a new year"
"Supply continues to rise, yet 23% is currently under offer"
"Vacancy rate remains stable at 4.95%; forecast to drop to 3.2% by Q4 2024"
"New build take-up continues to dominate, accounting for 75% of the market as operational efficiencies and ESG increase in importance"
"Speculative completions and second-hand supply cause supply to rise by 62%"
"Vacancy remains steady from Q2–Q4 2023; it now stands at 6.18%"
"Reasons to be cheerful, but expect bumps in the road"
"Vacancy rate just 6.38%; 0.77 years’ worth of supply left"
"Vacancy rate at 7.35% forecast to fall to c.6% by Q4 2024"