Riding the online sales boom
Online sales boomed in 2020, rising by upwards of 70% year-on-year during large parts of the year. But what goes up doesn’t always come down. While growth rates will slow, the continued trends towards online sales can now compound from a much higher base (1).
One sector set to benefit from the switch is industrial property, says Stuart Wilton from Centuria Capital. As warehouses get filled up by online retail trade, the rising tide is lifting all boats. Estimates from the US suggest that every billion dollars of online sales require 85,000m2 of warehouse space. And with online retail expected to grow to 15-20% of total retail by the end of next year, the demand for industrial property has never been higher (2).
In this video, Stuart explains why there’s still plenty of room left to run in this sector.
To find out more or
to invest in the Centuria Industrial Income Fund No.1, please visit their website
Footnotes
(1) Source: Australian Bureau of Statistics
(2) Source: Industrial Second Half 2020 Research and Forecast Report - Colliers International and Australian Bureau of Statistics
Disclaimer: Centuria Property Funds Limited ABN 11 086 553 639, AFSL 231149 (Centuria) is the responsible entity for the Centuria Industrial Income Fund No.1 (Fund) (ARSN 646 752 178). This video was recorded on 1 February 2021, is of a general nature only and does not take into account the objectives, financial situation or particular needs of any person. You should consider whether this information is appropriate for you and consult your financial or other professional advisers before investing. You should obtain and read a copy of the PDS relating to the Fund before making a decision to invest which is available at centuria.com.au/ciif1. Centuria and its associates will receive fees in relation to an investment in the Fund as disclosed in the PDS. Investment in the Fund is subject to risk including possible delays in payment or loss of income and principal invested. Centuria does not guarantee the performance of the Fund. CA-CPFL-02-02-21-001276.
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