"Welcome to Big Shed Prospects, our annual publication presenting key data and outlook for the UK logistics sector into 2025 and beyond."

"There are many reasons to be optimistic about the overall trajectory of the market, including key strategic drivers such as the emergence of nearshoring and resurgence of e-commerce. Scratching the surface of our data on vacancy also shows that everything may not be as it seems."

"An economic soft landing remains the most likely outcome, but significant risks remain in place."

"Last year, Savills launched a new rental growth projection model which examines the average headline rental growth prospects in the logistics market over a five-year period at a regional level."

"With market conditions painting a variable and volatile picture, Michael Alderton from our Occupier advisory team and Charlie Foster from our investment team examine the prospects for the market in 2025"

"With our bull, bear, and rental growth cases presented along with insight from our agency teams, what are the key takeaways?"

"With many market variables heading in the wrong direction, it's easy to forget that there remain many positive drivers for the market in 2024. Moreover, when you scratch the surface of the data, all isn’t what it seems when it comes to supply and demand"

"With a bleak economic picture, consumers and companies are feeling the strain that things could get worse before they get better – what impact could continued economic volatility have on the market?"

"This year, Savills is delighted to launch our new rental growth forecasting model which examines the rental growth prospects in the logistics market over a five-year period at a regional level"

"With market conditions suggesting 2024 take-up will be focussed on existing units rather than build to suit, Michael Alderton from our Occupier advisory team and Richard Fletcher Brewer from our investment team examine the prospects for the market in 2024"