Social distancing measures have accelerated the shift to online spending in recent weeks. But the upside of increased online spending is limited to a few occupiers, most notably supermarkets, and is unlikely to be sustained in the longer-term. Indeed, most occupiers are struggling with a reduction in activity, meaning that overall demand is set to soften and industrial rents will fall slightly this year.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.