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Current supply and build levels not enough to keep up with demand, according to Colliers

Current supply and build levels not enough to keep up with demand, according to Colliers
logisticsmanager.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from logisticsmanager.com Daily Mail and Mail on Sunday newspapers.

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Logistics Manager Analysis: Big Sheds... A New Normal?

Liza Helps investigates.
It has been a tumultuous year and what we envisioned only a short six months ago is nothing like our reality now. Back in January and February, the prospects looked promising after the stop/start 2019 plagued with political uncertainty, then the coronavirus struck, and the country was plunged in to lockdown – it looked a bit grim.
But the pandemic has turbo charged the supply chain industry – the question is: is this the new normal?
“Across the board, property consultants,” says Paul Weston, Regional Head of Prologis UK, “are reporting record take-up.”
Indeed, the latest research from CBRE notes that take-up of UK logistics space is 111% higher than this time last year. Third-quarter take up levels have surpassed the record-breaking take-up levels in the second quarter of this year to reach a total of 13.33 million sq ft. ....

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