Logistics warehouse operator Prologis lowered expectations for 2022 but remains confident that any macro-induced decline in fundamentals won’t keep rents from growing again next year.
Prologis posted record results during the third quarter but reeled in guidance given “an uncertain economic backdrop.”
Logistics real estate investment trust Prologis on Monday pointed to some moderation in demand trends but pushed its full-year financial expectations higher.
Logistics warehouse owner Prologis reported in-line second-quarter financials Monday but full-year expectations were increased on “healthy demand.”
Logistics real estate investment trust Prologis makes a $24 billion all-stock offer for competitor Duke Realty.
More inventory requires more space. Real estate services firm JLL sees space in short supply alongside heightened rents through 2023.
Reports link Prologis as a suitor of Blackstone’s last-mile network in Europe.
A report from logistics real estate operator Prologis downplays the number of office buildings that can be repurposed to industrial use.
A Thursday report from logistics real estate investment trust Prologis shows market rents grew at the fastest pace recorded during 2021.
December supply chain numbers again show “significant expansion.” The Logistics Managers’ Index report questions whether retailers ordered too much for the holidays.
