
The mid-box market in Newcastle
"Take-up has increased by 7% year-on-year, reflecting stable and improving demand fundamentals"
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"Take-up has increased by 7% year-on-year, reflecting stable and improving demand fundamentals"

"Available supply has fallen by 46% year-on-year, pointing to a rapidly tightening market"

"Growth of data centre market across Europe to create an 8.5 million sq ft ripple effect for logistics"

"Welcome to the 9th annual Future Space report from Tritax Big Box and Savills, conducted in partnership with research firm Analytiqa."

"The logistics market has passed its toughest phase, but weak economic growth limits upsizing. Rental growth should stay modest at 2.7% in 2026, with supply moderation and structural trends paving the way for more landlord-friendly conditions later in the decade."

"High-quality Grade A space accounts for 73% of available supply."

"2025 take-up is 47% higher than the pre-pandemic, long-term average (2007–2019)."

"Supply has risen by 10% to 7.73 million sq ft, but options in quality and size remain limited."

"In 2025, 34% of take-up involved newly built speculative units. Although not a majority, this would be higher if there were more supply of such quality."

"Transactional activity is up 49% on 2024."