Distribution and warehousing companies' demands for ever larger buildings are set to change the way industrial property is marketed and leased, says Viv Delbridge, head of commercial and industrial leasing at Old Mutual Properties.

Delbridge says that with automated storage and retrieval systems, industrial buildings are getting higher rather than simply expanding horizontally.

"What is increasingly important to distribution companies is not the floor area of a building, but its cubic capacity."

She says because of this the market will start to see brokers' details of new warehouse space include not just a building's floor area but also its cubic capacity.

Business Day

Publisher: Business Day
Source: Inet Bridge