In response to a long uncertainty in the customs tariff, the logistical real estate sector witnessed during the second quarter of 2025 a quarter of a quarter in the quarter in the net absorption, the activity of the new leasing, and proposals, according to a statement from the Prologis warehouse company.
The company said in the “IBI” report, this step has shown that customers are looking for beyond short -term fluctuations to long -term active plans.
But this fluctuation also pushes the measured trends in the paper. According to Prologis, the average use was 85 % in the second quarter, an increase of 50 basis points compared to the entire year 2024, partly due to the front loading lists of customers amid changing trade policies. Competition for the high -quality area will intensify during the coming quarters, as delivery operations decrease by 30 % in the second half of 2025 compared to the same period in 2024.
“We confirm that the use will be volatile in the short term as changing commercial policies disrupts model import patterns, but it is generally required to ascending as companies grow to any extra capacity,” said the researchers in Proologis.
These conditions can be seen today, as import volumes and stocks have grown in the first half of the year, as mobile clients on the front load in anticipation of tariff disorders. And the rate of use of July decreased, probably temporarily, as strong retail sales in June (may continue until July, given early reports of health day’s revenues throughout the merchants) emptied the shelves and the fluctuating import patterns that were delayed.
Likewise, the IBI activity index reflects a slower growth in the activity until July, as import flows and retail sales were volatile than the month. After increasing the purchase before the customs tariffs were carried out, retail sales were based on stopping the purchases of large tickets.
In conclusion, the study said that although structural motives in the long term of logistical real estate demand are still sound-including the growth of e-commerce and the need to update operations-the market is moving in a transitional period formed by the macroeconomic and politics. In the face of this volatility, more customers make deliberate and aspiration decisions, and they put themselves for long -term success despite the near -term ambiguity.
