Articles

Industrial Real Estate Demand Rising

According to different observers, e-commerce sales grew 39-44% last year. Others foresee a further decline from this year’s first quarter as more brick-and-mortar retail establishments reopen from the post-pandemic lockdowns and restricted operations, and people seek ways of entertaining themselves by leaving their homes.

Globally, e-commerce sales are forecast by CBRE to rise by $1.5 trillion during the 2020-2025 time period, requiring an additional 1.5 billion sq. ft. of warehouse/distribution space to accommodate this growth. The U.S. and Mainland China are the biggest e-commerce markets, accounting for 57% of global Internet sales.

Read more: https://www.mhlnews.com/transportation-distribution/article/21169136/industrial-real-estate-demand-rising

ecommanager

Recent Posts

UK Watchdog Scrutinizes Big Tech in AI Startups

The UK competition watchdog has stepped up its scrutiny of big tech involvement in artificial…

10 hours ago

Accounting watchdog quizzes Big Four on AI exam cheating

The Big Four auditors have been asked to explain what measures they are taking to…

1 day ago

Ecommerce Call Center Service Market Research Report

This comprehensive analysis of the Ecommerce Call Center Service market is indispensable for businesses and…

2 days ago

eCommerce Solution Market Emerging Trends

This comprehensive analysis of the eCommerce Solution market is indispensable for businesses and industry professionals…

3 days ago

Meta profits soar but costs of AI cause worry

SAN FRANCISCO - Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but…

6 days ago

TSLA Is Now ALL About AI & Robotaxis

Tesla CEO Elon Musk made it absolutely clear on today’s Tesla conference call: if you…

1 week ago