Demand for warehousing hits record levels

Amazon Hemel Hempstead fufilment
 

Take up for warehousing space in the UK reached record levels in the first half of 2020, with over a third of space taken up by Amazon and 11% involving deals where the lease is for less than 12 months due to the pandemic. A total of 22.4m sq ft of warehousing was taken up in H1, 38% above 2019 levels and 66% above the long term average, according to the latest Savills Big Shed briefing. However, Savills is warning […]