This report shares the views of occupiers, investors, and developers on the key trends and topics shaping the Industrial and Logistics market over the next 12–24 months and beyond.

The survey, conducted in the winter of 2024, drew 330 responses, providing a robust data set. Occupiers accounted for 38% of responses, with the remaining 62% split between investors, developers, and other key industry players. Our occupier sample comprises a range of sectors – from automotive and grocery to parcel delivery, manufacturers, and online-only retailers – giving us a broad view of the industry.

Turning to our findings, occupiers see market conditions as slightly improved compared to six months ago, but continue to face diverse and evolving operational challenges, with the cost of labour now the most significant. The drivers of demand for logistics real estate, meanwhile, are multifactorial and extend beyond pure business expansion. Technology adoption and fleet evolution are strategic priorities, all of which have ramifications for power availability, quality of real estate and ESG.

Investors and developers were more positive than occupiers on market conditions. Power availability is considered a critical issue by both groups, which is unsurprising given the constraints currently faced by the national grid. Investors are more concerned with the overall health of the economy, and developers with the time taken to get planning permission and construction costs.

WATCH THE LAUNCH EVENT ON DEMAND

In partnership with Tritax Big Box and in conjunction with Analytiqa, the 8th Annual Future Space Event brought together key figures within the sector to discuss and debate the results of the survey and the issues affecting the industry today.

The presentation was followed by a panel discussion, chaired by Kevin Mofid, Head of Logistics Research at Savills, who posed questions to Clare Bottle, Chief Executive of the UK Warehousing Association (UKWA), Phil Roe, President of Logistics UK, Gareth Osborn, Head of Real Estate Solutions (UK&I) at DHL, and Dave Travis, Head of Manchester Development at Tritax Big Box.

Keynote speaker, academic, former politician and diplomat and co-host of podcast The Rest is Politics, Rory Stewart, was then welcomed to the stage to talk in more detail about geopolitical issues affecting the broader economy and the UK logistics industry.

Watch the live recording of the event below >>

_{Read the articles within Future Space Report 2025 report below}