Industrial space big business, thanks to e-commerce

The expansion of e-commerce in light of the pandemic has spurred demand for warehouses and distribution centres.

EVEN as the Covid-19 pandemic continues to wreak havoc on economies everywhere, demand for industrial space has remained steady, if not improved. Other sub-segments within the property market, however, have been less than stellar.

One property analyst attributes it to the expansion of e-commerce during the pandemic. This has, in turn, has spurred demand for warehouses and distribution centres.