Research
Asia Pacific Logistics & Industrial Q1 2023
Occupier demand remains resilient across most markets
June 13, 2023
Highlights from the report include:
Despite rising vacancy, rents trended up steadily in most markets, and the few exceptions with rents that fell or were flat were characterised by very high supply
Financial market volatility continues to weigh on investor activity, but there are pockets of opportunity
Occupier demand is forecast to slow from 2022 levels, dragged down by lower take up from e-commerce groups, but demand from 3PL groups should remain robust
