DTZ Insight

E-tailing and logistics : Online spend kick-starts spec development

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After a period of low activity, developers are seizing the opportunity to build industrial space speculatively again. This is focussed almost exclusively in the Midlands and London, the South East and East to meet the demand from retailers looking for large distribution hubs to satisfy the needs of growing online spending.

The UK has the most mature online retail market in EMEA and 15.7% of total retail spend is expected to be spent online by 2019. Spending via click-and-collect, which has become prominent over the past year, is forecast to grow a further 82% over the next five years.

Source : DTZ

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