Logistics real estate investment trust Prologis Inc. raised its full-year 2022 guidance Monday, noting the market indicators it follows “remain strong.”
“The pandemic drove record demand for the past two years, which translated into all-time low vacancies and unprecedented rent growth,” Hamid Moghadam, co-founder and CEO, said in a news release. “As conditions normalize, we are still seeing healthy demand that rivals past peak cycles and, informed by our proprietary data insights, we expect...
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