Global investors are strongly increasing their allocations to logistics real estate, drawn by the market’s robust fundamentals — including accelerating ecommerce penetration during the COVID-19 pandemic, constrained warehouse supply and the enticing prospect of rental growth — according to Prologis’ first online European webinar: Acceleration … or a New Direction?
Moderated by Dirk Sosef, vice president of research and strategy at Prologis Europe, the panel brought together a line-up of guest speakers from Tesco Pension Fund, UPS, Norges Bank Investment Management, CBRE Global Investors and Almazara Real Assets Estate Advisory to discuss the implications of a reopening world and the risks and opportunities for logistics real estate.
Sosef kicked off the discussion with a presentation showing how the logistics customer base is growing and diversifying at a time that new supply is being delayed, exerting further downward pressure on vacancy levels. Occupancy
