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According to CBRE.
Global real estate advisor CBRE has warned that there is likely to be a significant shortening and integration of supply chains, increasing the demand for warehouse space.
In its report ‘The Changing Flow of International Trade’ CBRE advises investors that retailers and wholesalers are set to store months’ rather than weeks’ worth of inventory closer to population centres and service locations.
It also states that manufacturers will look to diversify supply chains so as to be less reliant on specific geographies.
Jack Cox, head of industrial logistics, EMEA, at CBRE said: “The logistics sector has proven to be the silver lining of the Covid-19 pandemic as an increased reliance on e-commerce has further increased demand for warehouse space. Read more
Source: LOGISTICS MANGER
