In the third quarter of 2014, 1.31 m sq m warehouse space was newly let or passed to owner-occupiers through purchases or start of construction and made the quarter to the best one since Q3 2012.
In total 3.77 m sq m warehouse space was traded in the first three quarters of 2014. Barely 34% of take-up, or 1.27 m sq m, of this was down to the Top 5 markets. Outside these five regions 2.5 m sq m were traded.
Source : DTZ