Comment / Solid interims plus insight from Prologis – Asian 3PLs, inventory & data centres

ID 53145 © Kutt Niinepuu | Dreamstime.com

Warehousing patterns remain mixed and a recovery is not around the corner just yet and but the world’s largest REIT, landlord Prologis, is in a smooth transition phase.

Those aspects, as well as a few others, were confirmed yesterday when it released Q3 24 numbers that were broadly in line with expectations – and with remarks from management not that different from a month ago at a Bank of America event, when top brass rightly called the impact of the strike ...