Third-party logistics providers: the space race – Property Week

The changing requirements of retailers and their 3PL providers, driven in part by thgrowth in ecommerce, has made developing speculatively an even riskier business than it might otherwise have been. “Everyone tries to build a unit that meets all requirements , but the nature of demand is much broader and more complicated than generic storage, says Ekaterina Avdonina, chief executive at Delin Capital.

About 50% of the demand at the moment is retail-and ecommercedriven. That is a very specific, time-critical demand, which demands a different type of facility.”

Read the full article here on Property Week