We focus on an attractive and growing sub‑sector

Consumers want faster, more flexible and more convenient ways to make purchases, which has driven strong growth in e-commerce over the past decade and beyond.

Logistics real estate plays a fundamental role in delivering online orders to consumers and managing returns rapidly and efficiently.

Online sales account for 27% of  retail sales (2019: 19%) (Source: ONS)

Global supply chains continue to face intense pressure even as Covid-19 related challenges subside. Companies continue to review how they operate and adjust their supply chain accordingly. Additional resilience is now a priority alongside optimising for efficiency, productivity, and cost. Occupiers continue to pursue a variety of solutions including:

• consolidating into larger, often purpose-built distribution centres;
  deploying automation and technology at scale;
• holding more inventory onshore or closer to end users; and
• outsourcing supply chain functions to specialists.

Occupier resilience strategies:

29% - sourcing from multiple locations

22% - near-shoring production

18% - near-sourcing suppliers

18% - setting up production in multiple locations (Source:TI)

Organisations continue to work towards being more sustainable, reducing their environmental impact, cutting energy use, and increasing employee and community engagement.

Modern logistics units have enhanced sustainability features, better staff facilities and are often designed with green space, biodiversity, and outdoor amenities in mind.

90% of logistics occupiers have a net zero carbon target (Source: CBRE)