UK Logistics Leasing Figures Q3 2022

October 11, 2022

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Key takeaways include:

  • Occupier market resilient despite macroeconomic uncertainty
  • Take-up returns to pre-pandemic levels, however take-up year-to-date in line with record 2020 and 2021
  • Increase in completed units pushes UK vacancy rate up fractionally from 1.18% to 1.32%
  • Low stock of available ready-to-occupy space, placing continued upward pressure on rental growth