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One of the knock-on effects of rising e-commerce sales has been the increased demand for warehouse and storage facilities. The pressure for speedy deliveries makes not only big box warehouses, but also warehouses in the immediate vicinity to big cities, especially sought after.
The need for industrial and logistic real estate has meant that the number of companies offering these facilities has grown significantly in the United Kingdom (UK) over the past ten years. Between 2008 and 2017, the number of warehouse and storage enterprises in the UK has increased from under **** to close to over *. In the next four years, the number of companies declined, reaching about *** in 2021.Â
Rental costs for prime industrial real estate can significantly vary depending on the location. For example, real estate in London is significantly pricier than in any other UK city. In terms of industrial yields, on the other hand, London scores lowest, while Glasgow, Newcastle and Cardiff score highest.
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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
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* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
