Midlands dominates Q1 logistics take-up - CBRE

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The Midlands recorded the largest regional share of logistics take-up in the UK during the first quarter of 2021, according to new research from CBRE.

Total take-up of big box logistics units was 5.2 million sq ft in Q1 2021, of which 34.5 per cent was in the East and West Midlands.

In the East Midlands, following strong demand for space in 2020, Q1 take-up dropped 65 per cent to just under one million sq ft, compared to the previous quarter. This mirrors the national picture, where quarter-on-quarter take-up fell by 49 per cent.   

Availability at the end of Q1 totaled 5.4 million sq

 link source - Insider Media

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