Retail Park Repurposing: Logistics Opportunities and Impacts

CBRE Investment Management analysis suggests  that  the  pool  of  attractive  retail  warehouse  to  logistics  conversion  opportunities  may  be  smaller  than  is  perceived.  In  many  cases,  viability  requires  significant  intensification  of  sites,  or  redevelopment  to accommodate a mix of uses. But as the retail market improves, so too do the conditions for identifying conversion opportunities. David Inskip, Head of UK Real Assets Research explores the practicalities and commercials of reinventing retail parks to ease growing pressure on last-mile logistics.