Industrial

Global demand for Chinese goods is waning instead as consumers cut back spending because of inflation and the shift away from goods toward services.

Recent U.S. acquisitions by Amancio Ortega’s Pontegadea are representative of a broader shift in family office investment preferences.

While inflation and geopolitical instability continue to create challenges for investors, they have also increased the attractiveness of U.S. commercial real estate as a “safe haven” for capital.

With job vacancies at almost double the number of job seekers, conditions have tilted toward workers in a way unseen in decades.

Ortega family investment company Pontegadea bought five logistics centers in the US states of Tennessee, South Carolina, Virginia, Pennsylvania and Texas from Realty Income Corp. for about $722 million.

The more retailers can push consumers to purchase early and smooth out the December bump of holiday shopping, the better goods will flow.

“Just-in-case” inventory storage is leaving retailers with excess inventory and little space to store it. But it’s not likely to go away, industry insiders say.

The industrial development pipeline is at its highest level in years. But developers are facing a host of new challenges.

Over 1,800 companies re-shored production in 2021, setting a new record for re-shoring activity, notes The Reshoring Initiative. These companies are looking for logistics facilities, warehouses and distribution sites.