18 March 2021

Onshoring and the implications for UK commercial property

Has a combination of Brexit and COVID-19 strengthened the case for ‘onshoring’, and, if so, what are the implications for real estate?

Onshoring and the implications for UK commercial property

The COVID-19 pandemic has highlighted the problems of an overdependence on other economies for the procurement of goods. The impact on supply chains exposed the fragilities of businesses focused almost solely on cost optimisation. Meanwhile, the risks of increased border friction from Brexit have alerted some to the benefits of bringing more of their supply chain onshore. As a result, governments and corporations have started to re-evaluate their supply chains, with greater importance placed on resilience.

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