A year ago, warehouses were being snapped up by businesses racing to keep up with

the massive surge in online retail triggered by COVID lockdowns. The

expectation was that as the pandemic eased, so would the demand for industrial real

estate. But that never happened.

JLL's Matt Lee, head of industrial occupier services in Australia, and Allan Frydman, head of supply chain in Australia and New Zealand talk to Perspectives podcast host Rebecca Kent about how businesses are navigating the shortage of warehouses while trying to keep up with consistently high levels of ecommerce and persistent supply chain challenges.