Real Estate Investor August 2022 | Page 136

INDUSTRIAL
Last-mile delivery real estate has become increasingly important since the pandemic ’ s start due to the explosion in e-commerce resulting in the exponential growth of business-toconsumer ( B2C ) deliveries .
Although pandemic booms have slowed down across the economy , including sectors such as food delivery and fintech , corporate scepticism around the need for more large DCs is growing and major retailers are
136 AUGUST 2022 SA Real Estate Investor Magazine