
The logistics market in Yorkshire and the North East
"Transactional activity is up 49% on 2024."
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"Transactional activity is up 49% on 2024."

"Supply has fallen by 45%, with the vacancy rate falling to 5.07%."

"A shortage of modernised stock and an absent pipeline supporting robust rental growth forecasts."

"Moving into 2026, we anticipate core buyers slowly returning to the market, with continued investor sentiment shifting from single let to multi-let (MLI) assets."

"The logistics market has passed its toughest phase, but weak economic growth limits upsizing. Rental growth should stay modest at 2.7% in 2026, with supply moderation and structural trends paving the way for more landlord-friendly conditions later in the decade."

"There are many reasons to be optimistic about the market trajectory, including strategic drivers such as nearshoring and the growth of Chinese e-commerce players. Market data also points to supply reaching a turning point"

"With geopolitics remaining unpredictable, significant downsides remain present in the outlook"

"With market data painting a variable and volatile picture, Michael Alderton from our Occupier advisory team and Charlie Foster from our investment team examine the prospects for the market in 2026"

"With our bull, bear and rental growth cases presented along with insights from our agency teams, what are the key take-aways?"

"In 2023, Savills launched a new rental growth projection model that examines the average headline rental growth prospects in the logistics market over five years at a regional level"