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UK Logistics Vacancy Rate Falls to New Low of 1.18%

Half-Year Take-Up Reaches Record 22.56 Million Square Feet
The West Midlands led the way following a flurry of activity, accounting for 21.9% of take-up. (Getty Images)
The West Midlands led the way following a flurry of activity, accounting for 21.9% of take-up. (Getty Images)
CoStar News
July 12, 2022 | 10:07 AM

Take-up of UK logistics space climbed to new highs of 22.56 million square feet in the first half, a 10% increase on the year-ago period when it totalled 20.5 million square feet, according to research from CBRE.

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News | UK Logistics Vacancy Rate Falls to New Low of 1.18%