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

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