Shownotes
Today, Fisher German Talks: Changing Industrial Logistics.
Over the last decade, the high street has been in a steady decline. We saw a trend toward online shopping over the past few years, which COVID-19 sped up, and now the market is fundamentally changing the nature of retail.
In 2021, internet sales made up 29% of all total retail spend. This is up from 21% in 2019 and is scheduled to rise to 38% by 2026. For each percentile this figure grows, there’s a further increase in the need for logistics and millions of square feet in warehousing space. In today’s episode, we’ll be delving into the Industrial sector, looking at both the huge logistics facilities, as well as the smaller, but arguably more complex, multi-let trading estates. We’ll look at how rampant demand, as well as the robust levels of growth in the e-commerce market, has driven a surge in need for urban logistics space.
Host Mike Price, Head of Commercial Agency at Fisher German, is joined by Richard Phillips, Portfolio Director at Logicor, to look at the changing face of the industrial sector, and how the industry can manage the surge in need for urban logistics space.
For more information on this episode please visit www.fishergerman.co.uk/news-and-events