This past year delivered new shocks to global supply chains, but logistics occupiers adapted by focusing on long-term supply-chain needs, escalating demand through 2025, according to the Prologis Logistics Rent Index. In the first half of the year, rents declined by 2.3 percent as customers paused leasing decision making, awaiting clarity around economic conditions and trade policy. By the third quarter, sentiment began to shift. Long-term planning reemerged as customers moved forward with leasing decisions and looked through the noise of ongoing volatility. Rent declines slowed to –1.4 percent in the second half of the year. This shift marks a critical transition period for occupiers, operators, investors and developers as planning for 2026 accelerates.
The index combines expert local market insights with proprietary data to analyse net effective rental growth trends across North America, Europe, Asia and Latin America. Regional and global rates are weighted by market reve