Industrial buildings and business parks
While this is certainly not a glamorous real estate asset class – it’s all about function rather than form – industrial buildings are steady performers, which is why they are included in many real estate investment portfolios.
Industrial buildings are used for everything from manufacturing, R&D to storage and distribution and, when considering investment opportunities within this asset class, there are a number of key factors: location, proximity to customers and workforce, transportation, access to land and – in some countries – financial incentives that can offset remodelling or building costs.