People Daily | by John Otini
Property developers are shifting to warehouse development due to a shortage of grade A warehouses and low yields in residential and commercial real estate.
High quality storage space has become the only growth frontier for developers in search of higher yields during the coronavirus pandemic.
“During the Covid-19 period, we have witnessed a build up of demand for modern warehouse facilities and consumer shift to online shopping,” said Africa Logistics Properties CEO, Richard Hough…
