The vacancy rate of industrial and logistic real estate over 100,000 square feet in the United Kingdom (UK) was the lowest in the South West region in the first quarter of 2023. At 2.31 percent, the vacancy rate of large warehouses in the South West was less than half of the national average of 4.7 percent. In Wales and the East of England, the share of vacant warehouse space was significantly higher. Overall, the warehouse vacancy rate in the country has decreased dramatically in the past decade.
Vacancy rate of industrial and logistics warehouse real estate in the United Kingdom (UK) in 1st quarter 2023, by region
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Savills. (May 26, 2023). Vacancy rate of industrial and logistics warehouse real estate in the United Kingdom (UK) in 1st quarter 2023, by region [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/1395530/vacancy-rate-industrial-and-logistic-space-uk-by-region/
Savills. "Vacancy rate of industrial and logistics warehouse real estate in the United Kingdom (UK) in 1st quarter 2023, by region." Chart. May 26, 2023. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/1395530/vacancy-rate-industrial-and-logistic-space-uk-by-region/
Savills. (2023). Vacancy rate of industrial and logistics warehouse real estate in the United Kingdom (UK) in 1st quarter 2023, by region. Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/1395530/vacancy-rate-industrial-and-logistic-space-uk-by-region/
Savills. "Vacancy Rate of Industrial and Logistics Warehouse Real Estate in The United Kingdom (Uk) in 1st Quarter 2023, by Region." Statista, Statista Inc., 26 May 2023, https://www.statista.com/statistics/1395530/vacancy-rate-industrial-and-logistic-space-uk-by-region/
Savills, Vacancy rate of industrial and logistics warehouse real estate in the United Kingdom (UK) in 1st quarter 2023, by region Statista, https://www.statista.com/statistics/1395530/vacancy-rate-industrial-and-logistic-space-uk-by-region/ (last visited October 12, 2024)
Vacancy rate of industrial and logistics warehouse real estate in the United Kingdom (UK) in 1st quarter 2023, by region [Graph], Savills, May 26, 2023. [Online]. Available: https://www.statista.com/statistics/1395530/vacancy-rate-industrial-and-logistic-space-uk-by-region/