
The mid-box market in Newcastle
"Take-up has increased by 7% year-on-year, reflecting stable and improving demand fundamentals"
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"Take-up has increased by 7% year-on-year, reflecting stable and improving demand fundamentals"

"Growth of data centre market across Europe to create an 8.5 million sq ft ripple effect for logistics"

"Supply has risen by 10% to 7.73 million sq ft, but options in quality and size remain limited."

"Highest level of take-up for three years, but a further rise in supply."

"In 2025, 34% of take-up involved newly built speculative units. Although not a majority, this would be higher if there were more supply of such quality."

"Transactional activity is up 49% on 2024."

"Supply has fallen by 45%, with the vacancy rate falling to 5.07%."

"Moving into 2026, we anticipate core buyers slowly returning to the market, with continued investor sentiment shifting from single let to multi-let (MLI) assets."

"The logistics market has passed its toughest phase, but weak economic growth limits upsizing. Rental growth should stay modest at 2.7% in 2026, with supply moderation and structural trends paving the way for more landlord-friendly conditions later in the decade."

"2025 take-up is 47% higher than the pre-pandemic, long-term average (2007–2019)."