London tops Savills’ global warehousing costs index
London retains its position at the top of Savills global warehousing costs index for the fifth consecutive year, recording total annual occupancy costs of nearly $49/sq ft, according to new research. This has been driven by ongoing high demand from logistics occupiers for the very limited prime warehouse space available, and the city’s strong infrastructure and proximity to a dense and affluent consumer base, which continue to boost rents.
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