Much has been written about the flight of institutional investors to specialized assets during the peak of the COVID-19 pandemic, but some experts now say the push toward sectors like data centers, cold storage, life science, and medical office space is here to stay.
A new report from Colliers shows that industrial was the frontrunner for investors throughout COVID, with data centers surfacing as perhaps the most obvious beneficiary of the pandemic shift to WFH. And cold storage posted record volume in 2020, with sales up 22.9%.
"As the food supply chain rapidly evolves and modernizes, investing in the 'last mile of food' is the next frontier, with suppliers working to shift their current logistics and distribution networks closer to home," the report states. "One of the driving forces is a surge in e-commerce volume, with groceries playing a prominent role."
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