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Evening Standard
Evening Standard
Business
Joanna Hodgson

‘Gold-rush’ for London warehouse space is over with take-up lower

The ‘gold rush’ for London warehouses seen during the pandemic is over and occupiers are becoming more cautious, new data suggests.

During the Covid-19 crisis many retailers sought extra storage and distribution space to cope with a jump in online orders while high street stores closed for lockdowns. Supply chain disruption also prompted some businesses to seek properties closer to final delivery destinations.

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