We believe that these sectors are relatively e-commerce resistant as well. Deep-rooted consumer preferences for fresh food shopping and high delivery costs which erode margins, particularly in the suburban US markets with higher dispersed populations. Efficient online reservation system but physical storage service cannot be provided digitally.
SINGAPORE (June 19): 1. Why has United Hampshire US REIT (UHU REIT) focused on the grocery & necessity and self-storage assets?
These are two recession-resistant, cycle-agnostic sectors that produce stable cash flow over time due to long weighted average lease expiry (WALE) and consistent consumer demand for essential products and services. Both sectors provide basic goods and services directly to the US consumer, which is one of the primary drivers of the US economy.
