The average prime multifamily cap rate has risen by 155 basis points to 4.92% in a year

The rise of EVs matters because it stimulates demand in manufacturing and logistics real estate.

It used to be 28%. '

There are 60 million square feet in conversions planned or underway.

Prologis looks at several technologies reshaping supply chains.

There is a shortage of available manufacturing space and not enough power availability or labor supply.

The REIT calls it the supply chain productivity paradox.

Meanwhile inventory will rise by 3.2% over the next 12 months.