Demand in the East London market fell back to 9.4m sq ft in the six months to the end of Q1 2024, the lowest level in three years. The most significant slowing in demand has been for Big Box units, where demand is down by 29% to 3.5m sq ft. Conversely, the demand for Mid Box units has strengthened, rising to 1.4m sq ft, an increase of 43% over the six months period.