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Challenging operating conditions but sentiment improving, and occupiers suggest
demand for logistics real estate will build through 2025 and beyond
• Occupiers face a diverse mix of critical business issues led by more stringent ESG
regulation and power resilience
• Reshoring is likely to be a multi-year driver for the market: 45% see this as on the horizon
and potentially game-changing for their logistics real estate
Continued progress on strategic priorities has delivered a solid operational performance, with good visibility on further improvement in the second half.
