Companies switch to online in order to reduce losses, study shows | Progresiv

Retail companies that rent or own industrial spaces are looking into commerce, as online sales spiked by 75% since the beginning of the lockdown. At the same time, major players explore local or proximity solutions when it comes to raw materials, so they would not depend on imports from foreign countries, a study by Colliers International shows, based on interviews with 76 companies from industry and logistics. Around 6 out of 10 companies expect a drop in rent prices in the following 12 months.

85% of interviewees say they were affected by the actual context, while 54% see effects as minor when compared to other markets. 29% felt lack of employees was a setback, while 28% felt that way about delivery restrictions.

The study is part of a larger analysis of the real estate market, based on essential information from all market segments, in the purpose of bringing clarity over the industry.