logistics properties

Logistics property rents step higher amid pandemic — Prologis report

Logistics rents to increase 5% in 2021

Global rents on industrial real estate properties increased 2.9% during 2020, according to logistics real estate giant Prologis Inc. (NYSE: PLD) Even with several sectors of the economy meaningfully impacted by the pandemic, tenants were willing to pay up for logistics space.

The San Francisco-based company published its annual Logistics Rent Index Wednesday.

The report showed rents in the U.S. and Canada climbed 3.2% during the year as surging e-commerce growth accelerated need for current and...

https://www.freightwaves.com/news/logistics-rents-step-higher-amid-pandemic-prologis-report

Gothenburg Port to develop neighboring logistics properties

Gothenburg Port Authority has worked over a long period to secure consent to construct a number of logistics properties on a 400,000 sq m site directly adjacent to the port. The Port Authority has now been given the go-ahead by the Authority’s owners to begin developing the site. But before work gets under way, the Port Authority needs to establish an organisation to handle the undertaking.

Logistics facilities are very much in demand in Gothenburg, the main reason being that the Port of...

http://container-news.com/gothenburg-port-develop-neighboring-properties/

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