In this white paper, we examine how the disruption in retail has hidden one of the better investment opportunities in real estate today, Service Retail. Service Retail is quietly benefiting from the mega trend of growing consumer consumption of services and is insulated from e-commerce as customers are required to visit the store to receive the product. With real estate markets seemingly priced to perfection, there are few remaining opportunities to achieve the excess risk-adjusted returns offered by Service Retail. At today’s pricing, Service Retail offers attractive risk-adjusted returns, with the majority of the overall return generated through current cash flow.
