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Initially expected to increase 1.6% and represent 12.0% of retail sales in 2020, new forecasts anticipate that e-commerce sales penetration will increase 3.1% and hit 13.5% in Canada this year.

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As technology proliferates, logistics operations will expand into new places, blurring the line between retail and industrial real estate.

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This report provides an in-depth overview of trends within the Canadian multifamily sector through the initial phases of the COVID-19 pandemic. The analysis incorporates results from a survey of CBRE clients as well as up to date economic and investment market data.

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In August, UPS announced building a freezer farm in Louisville, Ken., and another in the Netherlands to rapidly aid vaccine distribution across the globe.