%20(1).png)
Warehouse rents are expected to continue rising even as other supply-chain costs decrease, according to the CEO of Prologis, the world's largest warehouse landlord. While transportation rates have dropped due to changing consumer spending habits and inflation, warehouse rents are more resilient. However, the rate of rent hikes is moderating as the market normalizes. Prologis expects 5% to 10% rental growth this year. Despite this, the company's shares closed 3.1% lower as some investors took profit. Warehouse construction will temporarily increase vacancy rates before slowing down next year.
Source: Link
.svg)
