Prologis forecasts the logistics market

Prologis, a real estate investment fund, has a global portfolio of approximately 111 million sq. meters and 6,200 clients worldwide. Based on this, Prologis Research released some predictions and expectations for the logistics world in 2023.

The company's forecasts are focused overseas, mainly in the United States and Mexico, but they could become a trend for global logistics.According to the company, demand from Mexico will reach a new annual record, and the increase in deliveries will allow for greater absorption.

For the United States, the development of logistics warehouses tends to fall to the lowest level in seven years.

Driven by a rapid increase in the cost of capital, start-up development will shrink by 60% to less than 16.3 million square meters in 2023.

Another interesting topic to observe brought by Prologis is the sustainable logistics warehouses:

Building future-proof facilities can protect logistics companies from future operational risks, including regulatory changes, community resistance, and volatile fossil fuel-based energy prices.

Costs for sustainable construction and operations within logistics are falling, according to the Prologis study.

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