Research
Asia Pacific Logistics & Industrial Q4 2023
Occupier demand remains steady despite slowing economic conditions
February 23, 2024
Highlights from the report include:
Rents broadly trended higher on average in the region, but growth continues to slow
Investors remain broadly cautious as capital costs are elevated and continue to weigh on activity, while rising macroeconomic headwinds and new geopolitical flashpoints created additional uncertainty for the global economy
Investment yields were either stable or decompressed across all major markets in 4Q23
