News / Consumer spending the driver as logistics real estate market bucks growth trends

Booming e-commerce demand, as well as a continuing catch-up following two decades of globalisation, is driving continued growth in the logistics real estate market.

This is despite a slowing in the rate of growth in recent years, according to US commercial industrial property developer Prologis.

In the US, it predicted that 2016 will be the fourth consecutive year in which logistics real estate has grown by more than 250m sq ft. It announced today that it had completed more than 18 projects ...