Asset-Class Studios

Logistics & Industrial Studio: The Last-Mile Engine

Apply the toolkit to logistics and industrial real estate across seven modules: the demand drivers behind take-up including cold chain and specialist uses, the building typologies and specification that decide suitability, leasing, covenant and the review mechanisms that capture growth, the regional markets of the GCC, KSA, UAE and Egypt, developing logistics space from site to delivery, automation and the occupier cost stack, and pricing, underwriting and exit.

Intermediate
7 modules 31 lessons 7 exercises
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The promise

Analyse logistics and industrial real estate end to end - demand drivers, typology and specification, leasing and growth capture, regional markets, development, occupier economics, and the exit.

By the end you can

  • Read the demand drivers behind take-up, including cold chain and specialist uses
  • Match specification and typology to the operation an occupier will actually run
  • Analyse leasing, covenant and the review mechanisms that decide who captures growth
  • Appraise a logistics development from site assembly through to delivery
  • Underwrite an acquisition and design the exit at the point of purchase

Where this course takes you

This course is part of 1 role track, which ends in a professional deliverable.

Curriculum

01

Demand Drivers

What actually generates logistics take-up: e-commerce and 3PLs, manufacturing, re-export and free zones, and how to read demand for a location.

E-commerce, Supply Chains and 3PLsReading
Manufacturing, Re-export and Free ZonesReading
What Drives Take-upReading
Cold Chain, Food and Pharma: The Specialist DemandReading
Exercise: Read Logistics Demand for a LocationExercise
Demand Drivers: CheckQuiz · pass 70%
02

The Building & Location

The physical specifications and location attributes that make a logistics asset lettable and durable: clear height, floor loading, docks, yard, access, and obsolescence.

Building SpecificationsReading
Location and AccessReading
Grade and ObsolescenceReading
Big Box, Mid Box and Last Mile: The TypologiesReading
Exercise: Score Two Buildings Against an OccupierExercise
The Building & Location: CheckQuiz · pass 70%
03

Leasing & Covenant

How logistics space is leased and how to assess income security: leases and rent, covenant and WAULT, and sale-and-leaseback and built-to-suit structures.

Leases and RentReading
Covenant, WAULT and Income SecurityReading
Sale-and-Leaseback and Built-to-SuitReading
Reviews, Indexation and Who Captures the GrowthReading
Exercise: Assess the Income Security of a Logistics LetExercise
Leasing & Covenant: CheckQuiz · pass 70%
04

Regional Logistics Markets

Reading regional logistics markets: KSA and the Vision-2030 logistics ambition, UAE re-export and the wider Gulf, and Egypt, ports and free zones.

KSA and the Vision-2030 Logistics AmbitionReading
UAE Re-export and the Wider GulfReading
Egypt, Ports and Free ZonesReading
Exercise: Recommend a Logistics StrategyExercise
Regional Logistics Markets: CheckQuiz · pass 70%
05

Developing Logistics Space

Getting a shed built: finding and securing land, the utilities and consents that actually govern the programme, choosing between speculative and pre-let delivery, and appraising a logistics development.

Finding and Securing a SiteReading
Speculative, Pre-Let or Build-to-SuitReading
Appraising a Logistics DevelopmentReading
Exercise: Decide a Delivery Route and Appraise ItExercise
Developing Logistics Space: CheckQuiz · pass 70%
06

Automation, Operations & Occupier Economics

What the occupier is actually doing inside the shed, how automation changes the building, and why rent is a small part of the total cost that decides where they go.

Inside the Shed: What the Occupier Is Actually DoingReading
Automation and What It Does to the BuildingReading
The Occupier's Total Cost and Why Rent Is a Small PartReading
Exercise: Assess a Building Against a Real OperationExercise
Automation, Operations & Occupier Economics: CheckQuiz · pass 70%
07

Investment, Pricing & Exit in Logistics

What actually drives a logistics yield, how to underwrite an acquisition without hiding behind the covenant, and what scale and exit really deliver.

What Actually Drives a Logistics YieldReading
Underwriting a Logistics AcquisitionReading
Portfolio Scale, Platforms and the ExitReading
Exercise: Price a Logistics Asset and Defend the YieldExercise
Investment, Pricing & Exit in Logistics: CheckQuiz · pass 70%

Course assessment

Logistics & Industrial Studio — AssessmentPass 70%

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The capstone project

This course ends in a real professional deliverable. Use the brief and the five criteria below to check your own work against the standard a competent professional would be held to.

Your final deliverable

Logistics Strategy Capstone: The Acquisition Recommendation

Check your work against five criteria

  • Method & rigour: The right framework, applied correctly, with the working shown — not just an answer.
  • Data honesty: Every figure is sourced, triangulated, or explicitly flagged “requires local market data”. Nothing is invented.
  • Analysis & judgment: Assumptions are explicit, at least one alternative is weighed, and the key risks are quantified.
  • Recommendation: A clear, decision-useful conclusion a professional could act on — with the conditions that qualify it.
  • Communication: Structured, concise, and client-ready — the argument lands.

When it's ready

Your deliverable is ready when it meets the bar on all five criteria — work a competent professional could put in front of a client or committee.

Revising your work

The capstone is self-directed: you check your own work against the rubric. Where a criterion isn't met yet, revise that part and check it again — as many times as you need.

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