Industry News

For investors, it matters because companies using digital twins can cut maintenance costs, speed product development, prevent downtime and create ongoing software or services revenue—think of it like a flight simulator or virtual test lab that helps a business spot problems and improve performance before they happen. Industrial net absorption turned positive in the second quarter of 2026, reaching nearly 6 million square feet, its strongest reading in more than three years, while 12-month net absorption returned to positive territory after bottoming out at 23 million square feet in 2024. Defence-linked demand reached nearly 1 million square feet in the first half, helped by the Ministry of Defence’s 545,000-square-foot facility at Panattoni Park Swindon.