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First it was houses. Now investors are eyeing warehouses to take advantage of the booming e-commerce industry.
Internet sales are forecasted to top $20 billion this year, investors are hoping to get a slice of this cake. E-commerce is shaping up to be a feasible model for trade and product distribution. This new class of distributors will help reshape the conventional logistics and industrial sector, with constant pressure to adapt to new changes in the industry.
More customers opt to do transactions over the internet than in person, and investors are diving in to help with the increasing demand.
Read more about this on the Sydney Morning Herald website.