Pan-European warehouse take-up suggests a drop back to pre-Covid levels

According to provisional data from Savills, warehouse take-up across Europe reached 13.4 million sq m in H1 2023. This is just 9% lower than H1 2019, suggesting a return to pre-Covid levels across the continent, despite a 37% decline year-on-year.

Q2 fared more positively than the previous quarter wi...