Hlib Chabaniuk

Prologis IBI hits highest since 2024 amid low warehouse construction

Prologis IBI hits highest since 2024 amid low warehouse construction
Prologis IBI hits record

Prologis has announced that its Industrial Business Indicator (IBI) has reached its highest level since November 2024. This surge is attributed to industrial customers maximizing their space utilization, even as new warehouse construction is at its lowest in a decade.

As a result, the build-to-suit model is emerging as a solution to fill the gap in the market. This suggests an adaptation within the industry to cope with current supply constraints and evolving customer needs.

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