Surge in demand to underpin modest increase in warehouse rents


 

Rental levels at large warehouses are set to rise this year after a fall in the supply of sites across the UK last year. Supply of logistics facilities of over 100,000ft² fell to “exceptionally low levels” during 2013, according to CBRE’s latest MarketView report. At the end of the year, it stood at just over 20 million ft² – almost 60% below the 2009 peak, and a 21% fall compared to the end of 2012. Take-up of such space, meanwhile, […]