According to Savills latest research report, Europe is to see an additional 11.6 million sqm of warehouse demand due to the manufacturing sector by the end of 2022, based on Capital Economics forecasts data. Take-up in the European manufacturing sector has grown significantly over recent years, rising from 2 million sqm in 2012 to 4 million sqm in 2019, according to the international real estate advisor. Even though take up is expected to be slightly lower in 2020, it is anticipated to surpass 4 million sqm in 2021 again and then continue to rise. Over the past five years, the UK has attracted £148 billion of private manufacturing investment, creating demand for 2.4 million sqm of warehouse space. This indicates that for every £1 billion of private manufacturing investment, this creates new demand for 175,000 sq ft of warehouse space. Marcus de Minckwitz, Director, Savills Regional Investment Advisory EMEA, says: “The European manufacturing sector accounts for the same proportion of…