Tenant demand for warehouses, as measured by net absorption, the change in occupied space, has cooled sharply across the UK over the past 12 months to 11 million square feet, down 70% from a year earlier and 70% below the annual levels recorded in the three years to March 2023.
Analysis
Tenant Demand Strengthening in One-Third of Major UK Industrial Markets
Absorption Slowdown Has Not Been Broad-Based
CoStar Analytics
June 10, 2024 | 6:00 AM
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- Properties
- Baytree Unit 2
Coventry Rd, Nuneaton, WAR