
The logistics market in the North West
"In 2025, 34% of take-up involved newly built speculative units. Although not a majority, this would be higher if there were more supply of such quality."
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"In 2025, 34% of take-up involved newly built speculative units. Although not a majority, this would be higher if there were more supply of such quality."

"Pockets of undersupplied size bands, but the bulk of space sits in the 100,000–300,000 sq ft band"

"Subdued take-up but strong demand for good quality units"

"Supply falls from peak of 6.56m sq ft in recent months as deals complete"

"Just 1.13 year's worth of supply left, given the five-year average take-up"

"Vacancy at 6.17%, remaining below peak of 9.6% in 2019"

"2023 will be characterised by chronically low levels of good quality space"
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"Vacancy rate stands at 3.07%; 57% of supply is poor quality"

"Vacancy rate falls further, hitting 3.09%, the lowest level recorded"

"Vacancy rate falls further, hitting 3.37%, the lowest level ever recorded"