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Recently, I detailed the 250-year rise of the industrial property sector, a transformation that has seen it evolve from the physical backbone of early manufacturing and storage into one of the most critical forms of modern economic infrastructure. While this evolution provides important context, it is only part of the story. In this article, we examine seven forces that will define the sector across coming decades.
Industrial property is having a moment that has been centuries in the making. Once relegated to the fringes of cities and portfolios, industrial real estate has emerged as commercial property’s standout performer. Strong demand, structural tailwinds and an ever-expanding range of subsectors have propelled industrial assets into the spotlight.
There is no disputing the retail industry is changing, continuing a trend that has been two decades in the making. Shifting consumer behaviour due to technology, high speed and mobile internet, and, more recently, the fallout from COVID-19, have had profound impacts on the landscape. For some bricks-and-mortar retail operators in certain locations, these impacts have proven insurmountable.
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