Darling of the market

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The surge in e-commerce is expected to spur the demand for industrial property space in 2021.

"The industrial sector will remain the darling of the property market in 2021.” Siva Shanker

Siva notes that in the past few years, there had been steady demand for warehouse space within the 100,000 sq ft range. Cold chain logistics refers to the process of allowing the safe transport of temperature-sensitive goods and products along a supply chain. “Robust demand for groceries and pharmaceuticals will drive additional demand for cold storage. This will spur both speculative new supply and build-to-suit developments.”

 

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