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February 17, 2021
Foreign property investors are buying up suburban warehouses to capitalize on the growth in e-commerce. Exchange traded fund investors can also capitalize on digital retail trend through a targeted approach.
Reflecting the changing attitudes of the U.S. real estate market in the post-coronavirus pandemic world, overseas investors are purchasing more suburban warehouses instead of targeting skyscrapers or coastal resorts, the Wall Street Journal reports.
Foreign buyers “see that type of investment as effectively a corporate bond given by one of the largest companies in the world,” Matthew Alshouse, a partner at law firm DLA Piper, told the WSJ.