Last-mile logistics is now a crucial supply-chain element for a growing range of businesses. Long-term trends supporting the sector include continuing urbanisation and the expansion of ecommerce, which is driven by factors such as digital native generations entering the consumer market. But investors interested in the space have to navigate increasing complexity due to constantly evolving occupier needs, growing technical specifications, and stricter environmental, social and governance (ESG) requirements. It is possible, however, to build a comprehensive framework to help source and develop opportunities in last-mile real estate.

What is last-mile real estate?

Last-mile real estate is often defined as properties located exclusively in urban locations, typically within a 30-minute drive of densely populated areas and with technical specifications that enable final processing before reaching the end-user.

The continuous rise of online shopping an