As Europe’s population increasingly embraces online shopping, the shift from retail to warehouse space is gaining momentum. The average warehouse transaction size has increased from 9,000 sq m ten years ago to 13,500 sq m in 2018 – and there is also a growing demand for larger warehouses above 50,000 sq m.
Most occupiers say that labour availability is the No.1 priority in site selection. For that reason, companies are now taking more measures to attract and retain a skilled workforce – including new amenities and expanded benefits. However, improving the workplace environment with facilities such as breakout areas and gyms requires more space and even a degree of customisation.
As logistics increasingly turns towards technological solutions, buildings will need significant investment in off-grid energy sources to charge electric trucks, vans, and robots – as well as dedicated floor configurations and office space to accommodate them. These measures often require XXL warehouses with headroom for multiple levels.