TSX:DIR.UN - Post by User
Comment by
pjn0987654321on May 05, 2022 2:00pm
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Post# 34659449
RE:TD 2
RE:TD 2I will stress -
"Amazon Immunity.
In regard to Amazon's revelation of overcapacity within its fulfilment operations, DIR's management believes the bulk of its issues are in the larger and more rural-based warehouses – which is not the REIT's focus. Rather, DIR's small- and mid-sized box focus in more urban/last-mile locations should be relatively less affected by any rising vacancy in the bulk distribution sector. Further, other key sources of space demand (e.g., food/beverage and re-shoring of supply chains) should provide at least some buffer against any deceleration/reversal by Amazon or its competitors"
Good to know.