E-commerce drives demand for data centres, logistics assets
Brick and mortar retail likely to remain under pressure for the foreseeable future: report.
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THE rise of e-commerce amid the Covid-19 pandemic is impacting dynamics in the real estate sector, as it drives up demand for data centres and logistics and fulfilment centres over retail spaces like shopping malls, according to research published on Tuesday by capital markets platform iSTOX and research firm Zero One.
The research article titled "Bytes & Bricks: How E-Commerce and Covid-19 are Reshaping Real Estate" was commissioned by iSTOX in collaboration with Zero One.
It noted that the online nature of e-commerce activities, like consumer behaviour studies through machine learning and product demo livestreaming, requires the support of data centres to store and process the accompanying data.
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