Warehousing costs in Dubai rose by 7.7% in the 12 months to June 2022, making it one of the most premium warehousing markets in the world, according to a Savills update as part of its 2022 Impacts programme.
Across 52 global markets monitored by Savills, the average cost of warehouse property increased 8.4% between June 2021 and June 2022, as demand surged for industrial and logistics space in the wake of the pandemic.
London is the most expensive warehousing market in the world, with an…