Prologis Reports Rising Demand in Logistics Real Estate
The Prologis IBI index indicates a turning point in logistics real estate demand in Q3, with increases in net absorption, new lease signings, and project pipelines. The report analyzes the drivers behind this demand recovery, including customer actions, improved utilization rates, and a more favorable market environment. While vacancy rates are expected to remain stable in the short term, the market is projected to tighten in the long term as new supply decreases, potentially leading to accelerated rental growth.
