Major Growth predicted in UK Warehousing Sector
PRESTON, U.K. - June 18, 2021 - PRLog -- While back in 2015, high street retailers were the dominant occupiers, now the leading occupier group is 3PLs, with increased occupation levels of 42% and – no surprises here – online retailers, who have increased warehouse occupancy by a staggering 614%!
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The new report for UKWA from Savills, which compares the latest statistics to data from six years ago, reveals the urgent requirements for more warehousing and the need for fundamental change in land use planning. Key points include a rise of 32% overall in the number of warehousing units, a trend towards bigger warehouses, with an astonishing rise of 242% for units of 1m+ sq ft and, most telling of all, a radical change in the occupier profile of warehouses.
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