This report provides a detailed overview of national and regional industrial & logistics sector activity as well as an economic and sector outlook.
- 2020’s take-up for large distribution warehouses (100,000 sq ft+) reached a record-breaking 48.5 million sq ft, 56% ahead of 2019.
- Colliers is forecasting an annual e-commerce share of total retail sales of 29% by the end of 2024, this would mean that the UK could need an extra 51m sq ft of logistics space.
- Availability remains patchy across the UK with some regions exhibiting historically low vacancy rates.
- Industrial investment volumes topped £10.2 billion in 2020, up 33% y/y. As a result, total returns reached 9.0% (Standard Industrial) and 9.7% (Distribution Warehouse).
We also include insights on occupier supply and demand, capital markets as well as an economic and sector outlook.