Around 60% of the UK’s 3.5 billion square feet of warehouse stock is more than 30 years old – a statistic that presents both challenges and opportunities for owners of industrial properties, particularly in markets that have an outsized share of dated buildings.
The UK’s Ageing Warehouse Stock: Major Challenge or Untapped Opportunity?
More Than Half of the Country’s Stock Was Built at Least Three Decades Ago
CoStar Analytics
October 25, 2023 | 8:38 AM
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