Total industrial and logistics floorspace take-up fell 22% last year due to weak economic conditions and a shortage of good quality stock, according to property consultancy Jones Lang LaSalle’s latest UK Industrial Property Trends Today report. Subdued economic activity in 2012 “acted as a drag on property demand”, said the report, with total industrial and logistics take-up in units of over 1,000ft2 totalling 75.3m ft2 (2011: 96.3m ft2). The fall in take-up was greatest for units under 100,000ft2, where it […]
“Draconian” sanctions are increasingly being imposed on firms in the supply chain who make honest mistakes when dealing with non-duty-paid goods, the United Kingdom Warehousing Association (UKWA) has warned.
The UKWA has said the decision to leave the EU will have “serious global implications” that will bring “new challenges” to the British transport and warehousing industries.
Norbert Dentressangle has reported higher-than-usual demand for storage space within its shared user network in recent months, suggesting it could be indicative of an upturn in the economy.