Have I mentioned warehouses and logistics?*
From ZeroHedge:
Move over, Amazon...
As the world of e-commerce and the associated shipping and logistics necessary to run such businesses expands, warehousing and shipping have become important commodities.
Perhaps that's why one of the largest sales of industrial properties used for these types of businesses has just taken place. CBRE Investment Management has reportedly agreed to buy a "a global portfolio of logistics properties" valued at nearly $5 billion, according to the Wall Street Journal, in a major bet that such properties will stay in demand.
The portfolio includes "more than 28 million square feet of warehouses, distribution centers and other logistics facilities in the U.S., U.K., Germany and Poland," the report says. The properties are being built or developed by Ross Perot Jr.’s Hillwood Investment Properties, the report notes. ...
....MORE
*Why yes, yes I have. Since June 2019:
Buying Warehouses In Europe and China
(many links)
Big Money Still Buying Warehouse Assets: Canada Pension Plan Investment Board Enters Into $1.1 Billion J.V.
"Stuffing Ourselves | Amazon, the Postal Service, and the Tyranny of Logistics" (AMZN)
Maersk Goes Big On Warehouses: Buy's Li & Fung's Logistics Unit For $3.6B
