The industrial sector is facing challenges in the modern world with increased demand for industrial space and limits to the volume of development land available. Sergo and Berkeley’s venture to develop a six-storey warehouse shows the increasingly innovative ideas developers are coming up with to meet demand. With online shopping continually on the rise, it may be that we see more multi-storey industrial developments coming forward in the near future across the country. If such developments do take off, this will see the UK markets catching up with other countries, particularly in Asia where multi-storey warehousing has been common for some time.
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Warehouses Reach for the Sky
18 OCT 2021 BY JOSHUA STEIN
The Berkeley Group will head a new joint venture to deliver the ‘first multi-storey warehouse in the UK’.