The research arm of San Francisco-based real estate investment trust Prologis Inc. (NYSE: PLD) said in a report issued Wednesday the pandemic has “forever altered” the landscape for logistics real estate.
“The long-term structural growth rate of logistics real estate has risen” as “economic growth now requires more logistics real estate than in the past,” Prologis Research asserts. Not surprisingly, the surge in e-commerce fulfillment is driving the change.
E-commerce fulfillment requires more...https://s29755.pcdn.co/news/pandemic-has-forever-altered-need-for-logistics-space-—-prologis