European logistics take-up gained 10% to hit new record in 2020

-European logistics take-up increased 10% in 2020 to a new record of 26m sqm.

-Within the total, the UK was up 73% to reach a new record of 4m sqm.

-New peaks were also reached in Poland, Italy, Slovakia and Belgium.

-Take-up in 4Q 2020 was up 26% YoY to record the second highest quarter ever.

-The UK was 92% higher, France recovered 29% as did the Netherlands (+58%) and Spain (+65%).

-Only Poland of the major markets was lower in the quarter, but this compared with an exceptional 4Q 2019.