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Midlands industrial leasing surges to record UK share in 2024

Take-up of large new units masks sharp rise in vacancy for secondary space
CoStar Analytics
December 5, 2024 | 2:15 P.M.

The share of UK industrial leasing activity taken in the Midlands has never been greater, according to the latest data from CoStar. Both the East Midlands (19%) and West Midlands (18%) are sitting at all-time highs in 2024, up markedly from the 10-year averages of 14% and 16%, respectively.

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