Investment Thesis
The COVID-19 pandemic has thrown global supply chains into disarray. Many companies will be looking to reshore operations in North America to avoid being caught flat-footed a second time if a major international crisis affects global supply chains. WPT Industrial Real Estate Investment Trust (WPTIF) is well positioned to benefit from this reshoring trend. COVID-19 has boosted the reliance of consumers on e-commerce highlighting the importance of regional distribution centres. WPT Industrial has a diversified portfolio of high quality tenants, including leading e-commerce oriented firms such as Amazon.com Inc. (AMZN