Unpacking the future of logistics: About the report
Logistics is evolving at an unprecedented pace. Resilience and success requires that we understand the drivers of change and their likely impact. With this knowledge we can protect our interests and capture emerging opportunities in this market.
Our upcoming report highlights what’s changing and what the resulting requirements, risks and opportunities are. Our research and conversations with some of the best logistics businesses indicate that the key considerations for ensuring the long-term resilience of logistics are energy supply and security, the use of technology and data, and the growing influence of local communities. At Osborne Clarke we have already seen how these issues have shaped other sectors, allowing us to offer additional insights.
Thriving in tomorrow's world will require an understanding of the drivers of change. This report identifies those drivers and a direction of travel for the future. With this information, logistics can continue to build resilience and you can find success Ian Wilkinson - International Head of The Built Environment
Buildings are not made equal, but without data you cannot convey that Natali Cooper - Head of Portfolio and Asset Management and Head of ESG at GLP Europe
There has to be a diverse and vibrant culture in our businesses. Logistics is not about trucks and warehouses, it’s about people that make it happen. Abhy Maharaj - Chief Commercial Officer at Newcold
A great place to work is very high on the agenda of occupiers. We have a job in making sure that buildings are bright places to work with a nice external environment that people can enjoy Nicki Whitaker - Senior Director Customers and Markets at St Modwen
From November 2022 to January 2023, working alongside Meridian West and Brook Intelligence, we undertook a mixed-method programme of research, consisting of desk research and in-depth interviews: with developers, occupiers, researchers and Osborne Clarke experts.
The research focused on the future of logistics, with a particular focus on three trends:
The global warehouse landscape is evolving. The business model that for decades revolved around ‘build, lease, sell and build again’ is being unboxed, re-shaped and re-imagined.
The evolving building
Logistics is often characterised as little more than giant sheds, serviced by near continuous truck movements. The complexity of the sector is hidden by those four walls and a roof. The reality is, of course, far more complex.
The evolving operating model
A new business model is evolving, creating opportunities for owners and investors to generate alternative revenue streams from their logistics facilities.
The evolving perception of logistics
Logistics parks with their large faceless buildings and high traffic movements have not always been desirable neighbours. It is a catch-22 that while consumers want quick and cheap access to goods, they do not want the enabling infrastructure close to where they live or work.
The future-proofed logistics asset
What will the logistics assets of tomorrow look like? There will be a complex ecosystem where owners and operators work hand in hand to address the challenges that exist today and that are likely to continue to dominate the decade ahead.