Industrial and logistic warehouse development pipeline in the UK 2022-2024
The speculative supply of warehouses over 100,000 square feet in the UK generally slowed since 2022. As of January 2024, the East Midlands recorded speculative supply amounting to 3.07 million square feet, making it the fastest growing market, followed by the West Midlands. Speculative development refers to construction projects that are undertaken without a commitment to a buyer or occupier.