CoStar data shows UK warehouse net absorption turns positive in Q2 2026, hits nearly 6 million sq ft

CoStar analysis shows UK warehouse demand rebounded, with industrial net absorption turning positive in Q2 2026 at nearly 6 million square feet.

12-month net absorption moved back into positive territory, reversing a 2024 trough of 23 million square feet.

Amazon took an estimated 6 million square feet over the past 18 months, led by a 2 million-square-foot Northampton facility.

Defence-linked demand reached nearly 1 million square feet in H1, supported by the Ministry of Defence’s 545,000-square-foot Swindon site.

Chinese e-commerce occupier take-up topped 2 million square feet leased or under offer by mid-2026, tracking toward another record year.