Climate Risk: Logistics & Industrial Global Outlook

RISK LOGISTICS& INDUSTRIAL CLIMATE

GLOBALOUTLOOK

These milestones present the largest opportunity tomanage risk and drive value WHENSHOULD I COMPLETEA CLIMATE RISKREVIEW?

Acquisition

• Design for future state, not minimums or historical requirements Planning / Design

• Invest and upgrade to minimise risk • Protect yourself and your tenants Asset Management

• Assume future buyers will conduct the same analysis • Proactively communicate risks and mitigation measures Divestment

• Understand what you are buying • Underwrite correctly • Know when to walk away

INVESTOR OCCUPIER

Milestone 1

Milestone 2

Milestone 3

Milestone4

• Short-list using climate risk intel • Understand the implications now and into the future • Negotiate with landlords on mitigation and adaptation strategies Site Selection

• Incorporate mitigation or adaptation measures into your design Planning / Design

• Plan for OpEx and CapEx changes • Update your business continuity plan with climate risk mitigation best practices Operational Management

• Actively manage your portfolio with an eye on future risks • Exit high risk locations PortfolioManagement

CLIMATE RISK: LOGISTICS & INDUSTRIAL GLOBAL OUTLOOK

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CUSHMAN & WAKEFIELD