European Occupier Market
"Leasing activity recovered in the second quarter of the year, but weakness in Q1 led to a lacklustre first half of the year"
logistics
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Bigger is better when it comes to industrial & logistics occupier requirements
"According to Savills Industrial & Logistics Requirements Index, the industrial & logistics market has seen a marked improvement in occupier demand in Q2 2024."
The logistics market: Nationwide Overview
"Demand rises in first half of the year as take-up of existing units set to drive a fall in vacancy into 2025"
The logistics market in London and the South East
"93% of space transacted in H1 2024 has been Grade A quality"
The logistics market in the East Midlands
"Speculative completions and growth in second-hand space increase supply by 26%, yet BTS transactions rise 108% on levels seen in H1 2023"
The logistics market in the West Midlands
"The region is well positioned for future rental growth, with just 1.16 years’ worth of supply available based on the five-year annual average take-up"
The logistics market in the North West
"Supply falls from peak of 6.56m sq ft in recent months as deals complete"
The logistics market in Yorkshire and the North East
"Vacancy rate remains low at 6.37%; 1.14 years’ worth of supply left"
The logistics market in the South West and Wales
"Take-up has already surpassed long-term annual average by 27%"
The logistics market in the East of England
"Vacancy rate at 7.05%; 28% of supply is within one large unit"
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