Investors have found one group of winners from the retail apocalypse
|05/17/2017||Posted by BusinessMediaguide.Com under General World News||
Industrial real estate is emerging as a winner of the crisis in brick-and-mortar retail.
With more people choosing to buy online and have their purchases delivered to them, there’s been a surge in demand for storage facilities in large distribution markets, says Jay Leupp, a portfolio manager and analyst on Lazard’s global real-estate securities team.
This bodes well for real-estate investment trusts, or REITs, that own or fund industrial properties for profit.
“It is one of the asset classes du jour right now, and it has always been a very stable asset class,” Leupp told Business Insider. “As demand for some real-estate read more >>>