UK to run out of warehousing space by 2020


The UK’s warehouse property stock will have vanished by the end of the decade due to demands from internet retailers, unless there is an unprecedented increase in construction. This is the conclusion in a logistics market report, which also found that warehousing space fell to a record low last year. Consultancy Lambert Smith Hampton (LSH) said retailer and distributor requirements for logistics warehouses will exceed the country’s available stock by 7.6 million m2 by 2020 – even if current elevated […]