Demand for warehousing and distribution space up 10% in Q1


 

Demand for warehousing and distribution space increased by 10% during the first quarter of the year, but was 20% below the five-year average due to the COVID-19 pandemic. Latest research from Colliers International showed that in Q1 there was 7.5 sq ft of take-up for letting more than 100,000 sq ft of space, an increase of 10% on the same quarter in 2019. However, it was still significantly down on the five-year Q1 average. Colliers said its figures showed activity […]