Reported about 3 hours ago
Prologis indicates that the logistics real estate market has reached a crucial turning point in Q3, with improvements in demand metrics such as net absorption and new lease signings. Their Industrial Business Indicator Activity Index reported a slight decrease to 53, while customer demand is reportedly strengthening following a period of cautious leasing due to trade tariffs. Warehouse utilization remains steady, and the vacancy rate is projected to stabilize at around 7%. Prologis also noted a record-high in new leases, underscoring a positive market outlook.
Source: YAHOO