Advances in technology, changes in consumer behaviour, and the continued urbanisation of gateway cities is driving the demand for well-located logistics space.
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Demand for modern, well-located logistics space in and around major gateway cities globally is driven by a number of key themes. They underpin significant change across the industrial property sector globally, and the role that logistics and warehousing space has traditionally played.
The continued urbanisation of gateway cities is driving business opportunity and decisions. By 2030, large cities will account for 81% of global consumption*. Locating properties close to consumers is good for our customers and their customers in turn.
Growing consumerism is driving demand across a broad range of sectors from retail and pharmaceutical to automotive. In 2030, global consumption will have increased by USD23 trillion*. Our gateway city strategy positions our customers for success.
*Source: Urban world: The Global Consumers to watch, McKinsey Global Institute April 2016.
Innovations, particularly in e-commerce and mobile, are changing consumer behaviour and driving greater investment in locations close to major urban centres and end-consumers. With the rise and rise of digital technology, our gateway city locations help customers satisfy increasing consumer demand for speed and convenience.
Customers are focusing on getting more value from their property solutions and achieving cost efficiencies, which include consolidating operations, upgrading facilities, rationalising supply chains, greater automation and the use of robotics.