Prologis sees further tightening in logistics real estate supply

Logistics real estate in urban areas remains in short supply

A June research report from Prologis (NYSE: PLD) points to several supply headwinds in industrial real estate markets that will make new facility completions fall short of demand over the next decade.

The research arm of the San Francisco-based logistics real estate investment trust said land shortages, additional building requirements, increased replacement costs and permitting difficulties are some of the reasons supply will remain tight and rents will continue to rise.

Few spaces available in...

https://www.freightwaves.com/news/prologis-sees-further-tightening-in-logistics-real-estate-supply

GreyOrange MoveSmart robots working in Active Ants warehouse

GreyOrange announces robots in an Active Ants warehouse.

GreyOrange announced Monday its GreyMatter Smart Zone Transfer application and Ranger MoveSmart robots have been implemented at an Active Ants e-fulfillment center in Roosendaal, Netherlands. The 20,000-square-meter warehouse is using 65 autonomous mobile robots (AMRs) to move and sort inventory. 

AMRs are working alongside employees in the Roosendaal warehouse. Forty special robots bring goods to employees. Workers then select the right products and place them in empty boxes carried by AMRs....

https://s29755.pcdn.co/news/greyorange-robots

Prologis sees ‘accelerated’ demand for logistics real estate

Leading global logistics real estate provider Prologis Inc. (NYSE: PLD) believes the pandemic has “accelerated the retail evolution” and is “pulling forward several years of adoption.”

The comments referred to the growing trend of retailers seeking to bolster their online presence and commitment to ecommerce fulfillment. These were some of the highlights from the real estate investment trust’s (REIT) sixth installment of a special reporting series on the impacts COVID-19 is having on demand for...

https://www.freightwaves.com/news/prologis-sees-accelerated-demand-for-logistics-real-estate

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