■ This issue's retailer profile is on Mattressman, the latest of several retailers to transition from an online only offer to a multichannel strategy involving a store portfolio.
Investor demand will become more broadly focused geographically and sectorally.
Summary
■ The consumer economy will continue to improve, and we expect retail warehousing to benefit both from an improving housing market and internet-driven change in shopper habits.
■ The occupational market is looking increasingly robust, with falling vacancy rates and strong tenant demand emerging across the country. We have identified a surge in demand for bulky goods units, and this may well prove to be the best performing segment of the market going forward.
■ Investor demand is still heavily biased towards prime, but we expect to see more interest in secondary assets as the occupational story improves.