The total market stock currently stands at 111,029,058 sq. ft (10.3 mln sq. m). In Q1 2026 alone, 600,000 sq. ft (55,700 sq. m) of new space was delivered to the market.
A further 1,384,000 sq. ft (128,600 sq. m) is forecast to be completed by the end of 2026, reflecting the sustained pace of development activity in the sector. Looking ahead to 2027–2030, an additional 7,100,000 sq. ft (660,700 sq. m) is projected to enter the market, signalling strong long-term supply growth.
The scale of incoming supply creates a competitive environment for tenants and warrants close attention from investors and developers alike.
