Ep 255: Last mile, logistics and warehouse real estate

Sass J-Baleh, Head of Industrial and Logistics Research at CBRE, joins me to talk about the logistics and warehouse real estate market: Similarities between the Australian logistics real estate market and global logistics real estate Factors driving growth in logistics and warehouse real estate The Australian logistics property sector: Development and investment activity Occupier demand and rental growth Current and forecast vacancy rates Sectors driving growth in demand for logistics space: Online grocery - omnichannel driving demand Transport, postal and warehousing Amazon driving demand Location and size of logistics sites Inventory and demand planning The need for speed Options for last mile logistics sites - outside traditional logistics precincts, and even in shopping centres Other factors squeezing the logistics and distribution real estate market - including the food and beverages sector, and population growth Can real estate supply meet long-term demand? Forecast for the logistics property sector, including: Re-shoring of manufacturing Reassessment of optimum inventory levels Transport costs and last mile efficiency E-commerce returns and reverse logistics - impact on future demand for floorspace