Prologis Research Finds Strong Rental Growth Continuing in Annual Logistics Rent Index
Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today released its 2016 Logistics Rent Index. Data for the index comes from Prologis' global portfolio and local knowledge of pricing in the markets in which it operates.
Key findings include:
Rental rates for global logistics real estate rose by 4 percent in 2016.The United States led market rent growth in 2016, rising 5 percent-the highest in the world, with major coastal markets near large consumption centers ...