seen demand like it. we re building buildings speculatively, which means we haven t got a customer lined up, and we re letting them before we finish. that doesn t often happen. and the sheds are getting bigger. this will be royal mail s, new parcel hub. high street shops may be closing, but there is a race for space in logistics. this is the result of our growing appetite for online shopping, and shows just how quickly retail is changing. injust six years, the amount of large warehouse space has risen by 32% to 566 million square feet. that s like adding nearly 2,400 football pitches. and we re going to need a lot more. if notjust about online retail. it s about automotive and manufacturing. as we move to electric vehicles, we re going to need battery plants and their supply chain. and as a result of brexit,
when you click the buy button online, chances are your purchase will come from here. it s a warehouse city near northampton, and it s about to get even bigger. it s a great location for logistics because over there you can see the m1 motorway. i ve been in the sector for nearly 30 years and i ve never seen demand like it. we re building buildings speculatively, which means we haven t got a customer lined up, and we re letting them before we finish. that doesn t often happen. and the sheds are getting bigger. this will be royal mail s, new parcel hub. high street shops may be closing, but there is a race for space in logistics. this is the result of our growing appetite for online shopping, and shows just how quickly retail is changing. injust six years, the amount of large warehouse space has risen by 32% to 566 million square feet. that s like adding nearly 2,400 football pitches. and we re going to need a lot more.