As of January 2022, the East Midlands region had over 4.4 million square feet of the total 18.6 million square feet of speculative warehouse space under construction in the United Kingdom (UK). This made it the region with the most construction activity in the speculative market. Speculative development refers to construction projects that are undertaken without a commitment to a buyer or occupier.
Development pipeline of industrial and logistic warehouses in the United Kingdom (UK) as of January 2022, by region (in million square feet)
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Savills. (January 13, 2022). Development pipeline of industrial and logistic warehouses in the United Kingdom (UK) as of January 2022, by region (in million square feet) [Graph]. In Statista. Retrieved August 10, 2022, from https://www.statista.com/statistics/999281/industrial-and-logistic-warehouse-regional-development-in-the-united-kingdom/
Savills. "Development pipeline of industrial and logistic warehouses in the United Kingdom (UK) as of January 2022, by region (in million square feet)." Chart. January 13, 2022. Statista. Accessed August 10, 2022. https://www.statista.com/statistics/999281/industrial-and-logistic-warehouse-regional-development-in-the-united-kingdom/
Savills. (2022). Development pipeline of industrial and logistic warehouses in the United Kingdom (UK) as of January 2022, by region (in million square feet). Statista. Statista Inc.. Accessed: August 10, 2022. https://www.statista.com/statistics/999281/industrial-and-logistic-warehouse-regional-development-in-the-united-kingdom/
Savills. "Development Pipeline of Industrial and Logistic Warehouses in The United Kingdom (Uk) as of January 2022, by Region (in Million Square Feet)." Statista, Statista Inc., 13 Jan 2022, https://www.statista.com/statistics/999281/industrial-and-logistic-warehouse-regional-development-in-the-united-kingdom/
Savills, Development pipeline of industrial and logistic warehouses in the United Kingdom (UK) as of January 2022, by region (in million square feet) Statista, https://www.statista.com/statistics/999281/industrial-and-logistic-warehouse-regional-development-in-the-united-kingdom/ (last visited August 10, 2022)