Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}
Man operating forklift in warehouse low sun shining Man operating forklift in warehouse low sun shining

UK Logistics & Industrial Outlook

Edward Bavister • 24/01/2024
The UK Logistics & Industrial National Outlook report analyses quarterly UK industrial and logistics property activity across the UK including demand, market supply and pricing trends with an outlook to future trends in this property sector. 

Q4 Key Findings:

  • Take-up totalled 10.25m sq ft during Q4 2023, taking the full year volume to 32.5m sq ft throughout 2023, just 2% below the five-year pre-pandemic average.
  • Despite the number of units under offer falling, the total volume of space under offer rose during Q4, now accounting for 9.7m sq ft, pointing to a potential recovery in the occupational market during 2024.
  • Availability has continued to increase rising to 66.4m sq ft, although Q4 stats continue to show a deceleration in the volume of stock coming to market.
  • Availability had previously been growing by circa 4m sq ft a quarter since Q2 2022.
  • The volume of grey space available contracted during Q4 2023, with total space available by way of sub lease now standing at 7.3m down from 7.7m sq ft during Q3.
  • Investment volumes remain muted totalling £6.4bn during 2023, following £1.2bn transacting during the final quarter of 2023.

Key Contacts

Richard Evans (London, UK)
Richard Evans

Head of Logistics and Industrial, UK
London, United Kingdom


+44 (20) 71525132

Download VCard

Edward Cornwell - London
Edward Cornwell

International Partner
London, United Kingdom


+44 207 152 5103

Download VCard

Timothy Stuart Crighton - London
Tim Crighton

International Partner
London, United Kingdom


+44 (0) 7740 424 792

Download VCard

Christopher Jones
Christopher Jones

Partner
London, United Kingdom


+44 207 152 5014

Download VCard

Sally Bruer
Sally Bruer

Head of EMEA Logistics & Industrial and Retail Research
London, United Kingdom


Download VCard

More Insights

Sustainability
Article • Sustainability / ESG

Sustainable Dilapidations – Shifting Trends in The Green Agenda

The real estate industry is slowly shifting more towards retaining and repairing as opposed to demolishing and replacing. Whilst financial pressures continue to drive dilapidations, the real estate industry is on the journey to ensure sustainability is at the forefront of dilapidations.
Alex Charlesworth • 26/02/2024
London Big Ben Westminster Bridge sunset
MarketBeat

UK MarketBeat

Cushman & Wakefield MarketBeat reports analyse quarterly UK commercial property activity across office, retail and industrial real estate sectors as well as the Central London residential market. Find data on supply, demand and pricing trends at the market and submarket levels.
Edward Bavister • 20/02/2024
The Removal Of PDR Restriction
Insights

Unlocking New Opportunities: The Removal Of PDR Restrictions For Commercial-To-Residential Conversions

In a significant policy shift, Michael Gove, the Secretary of State for Levelling Up, Housing and Communities, announced on 13 February, proposals to change Class MA Permitted Development Rights (PDR) so that current floorspace and vacancy requirements will be removed, allowing  commercial buildings of any size the freedom to be converted into new homes. 
Fred Clifford • 15/02/2024
Residential-Market-Commentary-Hereo-Banner-Small
Article

Residential Market Commentary

Following a series of successive interest rate hikes, the UK economy is currently in a ‘wait and see’ period, to assess the effects on the substantial inflationary pressures that have impacted the economy over the last two years.
Millie Harper • 06/02/2024
Build to rent
Research

Build To Rent Quarterly Report

We are pleased to share with you the latest edition of our quarterly residential insights for the UK. 
Mark Clegg • 01/02/2024
Life Sciences Golden Triangle Report
Research

Life Sciences: Golden Triangle Lab Report

Inside our latest Life Sciences Lab Report you’ll find insight on investment volumes, leasing take up, lab supply and pipeline, and investment into life sciences real estate across Cambridge, London, and Oxford.
Jamie Renison • 29/01/2024
Lorry unloading at warehouse
Research • Supply Chain

UK Logistics & Industrial Outlook

The UK Logistics & Industrial National Outlook report analyses quarterly UK industrial and logistics property activity across the UK including demand, market supply and pricing trends with an outlook to future trends in this property sector. 
Edward Bavister • 24/01/2024
landlords vs tenants
Article • Sustainability / ESG

Landlords vs Tenants: Future MEES Conflicts

The pressure on Landlords is growing. Cushman & Wakefield is seeing evidence that investors are reducing purchase offers accounting for the capital expenditure required to meet minimum energy efficiency standards.
Alex Charlesworth • 22/01/2024
dna graphic
Research

DNA of Real Estate

Prime rental growth remained positive across all sectors on both a quarterly and annual basis during Q4 2023. 
Nigel Almond • 22/01/2024
Elderly Care
Research

Elderly Care Real Estate Scorecard

Discover the latest insights and trends in the elderly care real estate market with the comprehensive Elderly Care Scorecard. From investment volumes to occupancy levels and cost pressures, gain valuable knowledge so you can make informed decisions and stay ahead in the industry.
Tom Robinson • 18/01/2024
office of the future
Research • Workplace

Office of the Future Revisited

Our latest insight establishes three realities: demand for office space is accelerating, hybrid is here to stay, and the role of the office has changed—and we explore their implications for office-using companies and workers.
Despina Katsikakis • 26/04/2022

Related News

What's Next for Offices Post-Event
What's Next for Offices Post-Event

Our virtual event, What’s Next for Offices, invited Derwent London, Pearson plc, HB Reavis along with other workplace specialists, to explore changes in the office sector, make predictions for the market and discuss the role of offices in building a sustainable future.

Ben Cullen • 09/11/2021

Rainbow flag Cushman & Wakefield Unity
British LGBT Awards

Cushman & Wakefield, has been shortlisted in the British LGBT Awards.

12/02/2020

MyCity thumbnail card
MyCity 2023

This autumn, we’re excited to unpack our vision for the future of six UK cities: London, Birmingham, Bristol, Manchester, Leeds and Edinburgh. We consider how well placed each is to manage the challenges and opportunities ahead.

LOOKING FOR SOMETHING SPECIFIC?

Get in touch and we can assist with any additional information you need.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
MORE OPTIONS
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS