Global insurers want to increase investments in commercial warehouses as their stakes in office space become riskier because of employees working remotely during the novel coronavirus pandemic, Goldman Sachs Asset Management (GSAM) executives said. The pandemic is hastening a shift among insurers to exchange “undesirable” real estate investments, which also include retail properties, such as… Continue reading Insurers Prefer Warehouse Investments over Offices as COVID Hastens Real Estate Shifts
Tag: e-commerce
Warehouse Demand Surges as Retailers Reset Supply Chains
Demand for U.S. warehouse space is rebounding as upheaval from the coronavirus pandemic pushes businesses to retool their supply chains. Industrial real-estate activity, such as lease renewals and new leases, jumped 43% from April 15 to May 14 from the previous 30-day period, recovering more quickly than expected from the economic shocks of the pandemic,… Continue reading Warehouse Demand Surges as Retailers Reset Supply Chains