Demand for Logistics Space over Next 5 Years
Logistics Business Magazine
JANUARY 18, 2024
Since 2013, occupied industrial floorspace has risen by 17%, precipitating a drop in vacancy rates from 9.2% However, surging demand for logistics space has coupled with constrained supply of new space over the past ten years, increasing rents and straining the availability of existing stock. over the same period.
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