10 July 2015/Categories: Industry News
Accelerating growth in the ecommerce sector has resulted in a significant increase in demand for new warehouses.
This is according to the findings of a new white paper from a logistics think tank comprised of Colliers International, Total Logistics, UMC Architects and KAM Project Consultant.
Online sales volumes are forecast to grow by 15 per cent every year within the UK for the foreseeable future - and concerns were raised that supply of new warehouses is not able to meet demand prompted by this trend.
Industrial and logistics director at Colliers International Steven Mitchell said this is partly down to the fact that there has not been very much development activity over the past five years.
Director at Total Logistics Supply Chain Consultants Martin Brickell said: "While there may be additional development costs today to implement these provisions, it is a worthwhile investment and a less expensive alternative to building additional, completely new warehouses."
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