For many years we have noticed that there is a lack of definition when it comes to tracking the investment performance of warehousing units. The terms logistics, industrial or distribution are all used almost interchangeably to mean the same things, whereas in actual fact they can mean very different things.
For accuracy, we break this property market down into two main areas within our Index – ‘logistics’, which examines units of more than 50,000 sq ft leased to a single tenant and ‘industrial’, which examines smaller units traditionally located on industrial estates.