Research
Asia Pacific Logistics & Industrial Q1 2024
Occupier demand softens
May 20, 2024
Highlights from the report include:
Rental growth continued to decelerate, as weaker demand and high vacancy rates hindered landlords’ ability to raise rent levels
Investment activity throughout the region remained inconsistent, with many investors adopting a selective approach because of high debt costs
Investment yields were either stable or decompressed across all major markets in the quarter
