Talking about the impact of COVID-19 on warehousing, John Thomas, Group Director, Realistic Realtors & Reach Promoters and Director at CIRIL (Commercial Real Estate Advisors), at CargoTalk’s fourth digital conclave says, “Warehousing industry was booming and escalating leaps and bounds before COVID-19. The virus brought disruption but for a very short time. He continues, “By the end of this year or early 2021, the industry will bounce back. It has already started and there are certain arenas where the warehousing sector remained positive during the COVID times as well depending upon the industry.
Coming to the limitations the sector is facing from years, he says, “Infrastructure and mostly A-grade warehouses have always been a challenge.”