Dec 5 2014
Research and Markets has announced the addition of the "Warehousing Construction Market Report - UK 2014-2018 Analysis" report to their offering.
After years of decline, confidence is starting to return to the warehouse market as developers respond to an improving economy, recovering levels of manufacturing and current high levels of demand for warehouse property. Improving market sentiment and a pick-up in economic activity has seen total demand for warehousing floor-space across all regions improve with take-up rising by around 28% in 2013.
The balance of development has tipped back in favour of purpose built or build to suit' warehouse space. In 2014, many developers and occupiers active in the logistics and industrial sector remain relatively cautious and, as a result, new construction continues to be driven mainly by built-to-suit activity. In 2014, speculative development rose to around 2.1m sq. ft. from just 0.7m sq. ft. recorded at the same point in 2013, but still significantly down on the peak recorded in 2007 and 2008.
The market for warehouse property continues to be the strongest sector within the industrial construction market. Rents have been steadily rising in prime locations and the market is now beginning to expand from the traditional distribution areas of Heathrow and the Midlands to include regional locations in the South, South East, the North West and Scotland. This reflects changing patterns of distribution, driven by a combination of rising transport costs and occupier demand for cheaper locations.
Key Topics Covered:
1. Introduction
2. Summary And Future Prospects
3. The Warehouse Market In The UK
4. Construction Market For Warehouses
5. Key Issues Affecting The Warehouse Sector
6. Construction Market Supply In The Warehousing Sector
For more information visit http://www.researchandmarkets.com/research/5vdd4r/warehousing