Demand in Warehousing
In the UK, 43% of H1 2020 take-up can be attributed to online retailers, with Amazon alone accounting for 36% of the total. Furthermore, 3PLs accounted for 15%, many undertaking contracts for the NHS.
Waredock and other on-demand warehousing providers have observed an increase in the number of coronavirus related short-term deals. According to Savills research in the UK, 11% of deals were short-term lease agreements as a result of Covid-19, including space to hold excess stock by retailers with a dominant high street presence.
Investments in Warehousing Market
Germany has overtaken the UK as the most active market, exceeding €3bn during H1 2020 and marking a 12% increase against the same period in 2019. The UK (€2.8bn) and France (€2.1bn) completed the top three.
Biggest growth can be witnessed in Poland (+171% YoY) which recorded particularly strong increase, with transactions volumes totalling €1.1bn
Waredock in the UK
Waredock is more than a warehouse listings page. Our vision at Waredock is a geographically dispersed distribution infrastructure that is enabled by data insights across the supply chain. We are working with 3PL companies, property owners, businesses small and large in a range of industries. We help businesses get greater coverage in more markets. Our network includes every warehouse type, with the certifications and designations to store any specialized product. And, we’ll provide picking, kitting, shipment consolidation, and more.