Modelled index

RWN.ENR.0178.0±35 pts RWN.AGR.0164.0±39 pts RWN.INF.0161.0±42 pts RWN.PRP.0183.0±33 pts RWN.ENR.0259.0±47 pts RWN.ENR.0346.0±44 pts RWN.INF.0268.0±45 pts RWN.AGR.0257.0±42 pts RWN.AGR.0362.0±41 pts RWN.INF.0344.0±44 pts RWN.INF.0453.0±45 pts RWN.INF.0566.0±41 pts RWN.PRP.0261.0±41 pts RWN.PRP.0363.0±42 pts RWN.PRP.0448.0±43 pts RWN.CRD.0171.0±40 pts RWN.CRD.0258.0±43 pts RWN.CRD.0388.0±22 pts RWN.CMD.0179.0±35 pts RWN.CMD.0239.0±46 pts RWN.PRP.0546.0±26 pts RWN.PRP.0640.0±26 pts RWN.PRP.0754.0±26 pts RWN.PRP.0858.0±26 pts RWN.PRP.0954.0±26 pts RWN.PRP.1048.0±26 pts RWN.PRP.1148.0±26 pts RWN.PRP.1240.0±26 pts RWN.PRP.1340.0±26 pts RWN.PRP.1448.0±26 pts RWN.CRD.0464.0±26 pts RWN.CRD.0548.0±26 pts RWN.CRD.0640.0±26 pts RWN.CRD.0754.0±26 pts RWN.CRD.0840.0±26 pts RWN.CRD.0958.0±26 pts RWN.CRD.1058.0±26 pts RWN.CRD.1134.0±26 pts RWN.CRD.1258.0±26 pts RWN.CRD.1348.0±26 pts RWN.EQU.0148.0±26 pts RWN.EQU.0234.0±26 pts RWN.EQU.0348.0±26 pts RWN.EQU.0434.0±26 pts RWN.EQU.0540.0±26 pts RWN.EQU.0634.0±26 pts RWN.EQU.0740.0±26 pts RWN.EQU.0840.0±26 pts RWN.EQU.0948.0±26 pts RWN.EQU.1048.0±26 pts RWN.CMD.0358.0±26 pts RWN.CMD.0448.0±26 pts RWN.CMD.0534.0±26 pts RWN.CMD.0640.0±26 pts RWN.CMD.0734.0±26 pts RWN.CMD.0840.0±26 pts RWN.CMD.0934.0±26 pts RWN.CMD.1048.0±26 pts RWN.CMD.1140.0±26 pts RWN.CMD.1234.0±26 pts RWN.COL.0140.0±26 pts RWN.COL.0248.0±26 pts RWN.COL.0348.0±26 pts RWN.COL.0458.0±26 pts RWN.COL.0540.0±26 pts RWN.COL.0640.0±26 pts RWN.COL.0758.0±26 pts RWN.COL.0848.0±26 pts RWN.COL.0958.0±26 pts RWN.COL.1040.0±26 pts RWN.DIG.0140.0±26 pts RWN.DIG.0258.0±26 pts RWN.DIG.0334.0±26 pts RWN.DIG.0434.0±26 pts RWN.DIG.0534.0±26 pts RWN.DIG.0634.0±26 pts RWN.DIG.0734.0±26 pts RWN.DIG.0840.0±26 pts RWN.DIG.0934.0±26 pts RWN.DIG.1034.0±26 pts RWN.CUR.0158.0±26 pts RWN.CUR.0258.0±26 pts RWN.CUR.0348.0±26 pts RWN.CUR.0448.0±26 pts RWN.CUR.0558.0±26 pts RWN.CUR.0648.0±26 pts RWN.CUR.0748.0±26 pts RWN.CUR.0858.0±26 pts RWN.CUR.0948.0±26 pts RWN.CUR.1040.0±26 pts RWN.ENR.0178.0±35 pts RWN.AGR.0164.0±39 pts RWN.INF.0161.0±42 pts RWN.PRP.0183.0±33 pts RWN.ENR.0259.0±47 pts RWN.ENR.0346.0±44 pts RWN.INF.0268.0±45 pts RWN.AGR.0257.0±42 pts RWN.AGR.0362.0±41 pts RWN.INF.0344.0±44 pts RWN.INF.0453.0±45 pts RWN.INF.0566.0±41 pts RWN.PRP.0261.0±41 pts RWN.PRP.0363.0±42 pts RWN.PRP.0448.0±43 pts RWN.CRD.0171.0±40 pts RWN.CRD.0258.0±43 pts RWN.CRD.0388.0±22 pts RWN.CMD.0179.0±35 pts RWN.CMD.0239.0±46 pts RWN.PRP.0546.0±26 pts RWN.PRP.0640.0±26 pts RWN.PRP.0754.0±26 pts RWN.PRP.0858.0±26 pts RWN.PRP.0954.0±26 pts RWN.PRP.1048.0±26 pts RWN.PRP.1148.0±26 pts RWN.PRP.1240.0±26 pts RWN.PRP.1340.0±26 pts RWN.PRP.1448.0±26 pts RWN.CRD.0464.0±26 pts RWN.CRD.0548.0±26 pts RWN.CRD.0640.0±26 pts RWN.CRD.0754.0±26 pts RWN.CRD.0840.0±26 pts RWN.CRD.0958.0±26 pts RWN.CRD.1058.0±26 pts RWN.CRD.1134.0±26 pts RWN.CRD.1258.0±26 pts RWN.CRD.1348.0±26 pts RWN.EQU.0148.0±26 pts RWN.EQU.0234.0±26 pts RWN.EQU.0348.0±26 pts RWN.EQU.0434.0±26 pts RWN.EQU.0540.0±26 pts RWN.EQU.0634.0±26 pts RWN.EQU.0740.0±26 pts RWN.EQU.0840.0±26 pts RWN.EQU.0948.0±26 pts RWN.EQU.1048.0±26 pts RWN.CMD.0358.0±26 pts RWN.CMD.0448.0±26 pts RWN.CMD.0534.0±26 pts RWN.CMD.0640.0±26 pts RWN.CMD.0734.0±26 pts RWN.CMD.0840.0±26 pts RWN.CMD.0934.0±26 pts RWN.CMD.1048.0±26 pts RWN.CMD.1140.0±26 pts RWN.CMD.1234.0±26 pts RWN.COL.0140.0±26 pts RWN.COL.0248.0±26 pts RWN.COL.0348.0±26 pts RWN.COL.0458.0±26 pts RWN.COL.0540.0±26 pts RWN.COL.0640.0±26 pts RWN.COL.0758.0±26 pts RWN.COL.0848.0±26 pts RWN.COL.0958.0±26 pts RWN.COL.1040.0±26 pts RWN.DIG.0140.0±26 pts RWN.DIG.0258.0±26 pts RWN.DIG.0334.0±26 pts RWN.DIG.0434.0±26 pts RWN.DIG.0534.0±26 pts RWN.DIG.0634.0±26 pts RWN.DIG.0734.0±26 pts RWN.DIG.0840.0±26 pts RWN.DIG.0934.0±26 pts RWN.DIG.1034.0±26 pts RWN.CUR.0158.0±26 pts RWN.CUR.0258.0±26 pts RWN.CUR.0348.0±26 pts RWN.CUR.0448.0±26 pts RWN.CUR.0558.0±26 pts RWN.CUR.0648.0±26 pts RWN.CUR.0748.0±26 pts RWN.CUR.0858.0±26 pts RWN.CUR.0948.0±26 pts RWN.CUR.1040.0±26 pts

Conceptual warehouse and logistics infrastructure illustration

Frontiers · Infrastructure & Logistics

Warehousing & Logistics

The land, buildings and leases behind the movement of goods. Underwrite property income, financing and enforceable investor rights.

Conceptual supplied illustration · not an investment property · Research edition 19 October 2026

Stress & sensitivity

Compare occupancy, rent, operating costs, capitalization and repriced debt against your current warehouse case.

Apply downside shocks

Occupancy reduction · percentage points15Rent change · %-10Operating expense increase · %15Entry cap increase · basis points100Loan rate increase · basis points200

The rate shock represents new or repriced financing—not a mid-term change to a contracted fixed-rate loan. Entry cap affects current value; exit cap remains a separate input.

Base versus stress

Year-one NOI · base / stress: $1,005,720 / $687,408
Current value · base / stress: $16,762,000 / $9,820,114
DSCR · base / stress: 1.61× / 0.84×
Cash to equity · base / stress: $331,720 / -$178,592
Break-even occupancy · base / stress: 69.4% / 91.5%

Occupancy × capitalization rate

Year-one implied property values—not market quotations.

Occupancy	5.0%	5.5%	6.0%	6.5%	7.0%
60%	$10,848,000	$9,861,818	$9,040,000	$8,344,615	$7,748,571
70%	$13,656,000	$12,414,545	$11,380,000	$10,504,615	$9,754,286
80%	$16,464,000	$14,967,273	$13,720,000	$12,664,615	$11,760,000
90%	$19,272,000	$17,520,000	$16,060,000	$14,824,615	$13,765,714
100%	$22,080,000	$20,072,727	$18,400,000	$16,984,615	$15,771,429

Tenant departure can remove rent while expenses continue. Clear height, power, loading and slab capacity can make reletting capital-intensive. Lower values and tighter lending can create refinancing gaps; this screen does not model a refinance transaction.