Great outdoors: Brookfield treks back into IOS with $1.2bn deal

The podcast explores the emerging institutional interest in industrial outdoor storage (IOS) within commercial real estate, highlighting its strong performance and growth potential. The conversation begins with Brookfield's $1.2 billion acquisition of Peakstone Realty Trust, signaling a major move into the IOS sector. Panelists discuss how IOS functions as a crucial operational center for distribution and logistics, underpinned by stable cash flow and mission-critical importance to tenants. Price Booker, Chief Investment Officer at Realterm, provides insights on driving value through income growth and capital appreciation in IOS, emphasizing the scarcity of heavy industrial zoned land. The discussion also addresses potential risks, such as zoning challenges and the importance of differentiating within IOS subsectors for optimal rent growth.