The discussion took place at an event entitled The New Industrial Revolution – How The Transition to Net Zero is Leading to a Resurgence in Manufacturing, hosted by JLL, at The UK's Real Estate Investment and Infrastructure Forum in Leeds. Richard Yendle, associate in industrial and logistics at property giant JLL, said the global need for countries to transition their economies to net zero, along with AI , were driving a new industrial revolution.
'Many types of advanced manufacturing will need to expand to create the required low carbon and renewable energy products, such as large scale batteries, electric vehicles and renewable energy generation products.” Charlie Withers, partner and development director at Tritax Big Box, said that just over 25 per cent of his current property enquiries were manufacturing-related. Mr Yendle added: “We’ve seen manufacturing take up a much larger piece of the pie over the last few years.