After soaring to new heights during the pandemic, leasing activity in the industrial and logistics (I&L) sector appears to have plateaued. In 2024, UK take-up in the sector reached 32.7m sq ft, compared with 32.6m sq ft in 2023, according to Cushman & Wakefield. Activity in the second half of the year fell to 12.6m sq ft – 23% below the five-year pre-pandemic average and 27% down on H2 2023.
Investment volumes have also remained sluggish over the past 12 months, affected by a combination of macroeconomic and structural factors. The question is: what lies ahead for the rest of 2025? Is the sector poised for a reset, a resurgence or a return to pre-pandemic norms?
To answer this, BE News gathered a panel of top industry players at the London offices of debate sponsor Dentons to explore the major challenges and emerging opportunities shaping the market, from investor sentiment and development strategy to evolving occupier needs, energy pressures and the growing impact of technology. To read the event write-up click here.
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