Low U.S. interest rates, positive economic indicators and an increasing demand for prime, well-located logistics property are some of the elements bringing focus to U.S. industrial assets such as warehouses and distribution centers, according to Tim O'Rourke, executive vice president at Jones Lang LaSalle.
With 92 percent of retailers selling online, 68 percent maintaining brick-and-mortar stores, and 64 percent utilizing catalogs, retailers are embracing a multichannel approach to meet buyer expectations and battle for market share, according to Jones Lang LaSalle's latest report, Retail 3.0: the evolution of multi-channel retail distribution.
A report from Jones Lang LaSalle, China50: Fifty Real Estate Markets that Matter, highlights the opportunities for corporate real estate investors, developers, retailers, logistics companies and hotel operators in 50 secondary and tertiary cities across the country.
Nine cities, defined as Tier 1.5 Transitional Cities, have separated themselves from the pack: Chengdu, Chongqing, Dalian, Hangzhou, Nanjing, Shenyang, Suzhou, Tianjin and Wuhan. They are fast-tracking to maturity and, as large diversified open economies, are creating depth across multiple real estate sectors.