
Future Space: shedding light on industrial & logistics through our 2023 census
"The economic challenges of 2023 prompt optimism for 2024"

"The economic challenges of 2023 prompt optimism for 2024"
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"There is a renewed sense of optimism in commercial real estate markets, underpinned by more than the simple exuberance that often accompanies a new year"

"Build-to-suit (BTS) has long been a key feature of the industrial & logistics sector, providing occupiers with the opportunity to acquire a bespoke unit that fits their exact requirements."

"Which markets are set to outperform this year? "
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"Although economic news has been rather downbeat in recent months, consumers, on the whole, have weathered the storm relatively well."

"New build take-up continues to dominate, accounting for 75% of the market as operational efficiencies and ESG increase in importance"

"Speculative completions and second-hand supply cause supply to rise by 62%"

"Vacancy remains steady from Q2–Q4 2023; it now stands at 6.18%"

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

"Vacancy rate just 6.38%; 0.77 years’ worth of supply left"