Apac logistic occupiers more cautious, but most still looking to expand: CBRE survey
According to CBRE, Singapore remains to stand apart among logistics occupants, especially for hi-tech production and life sciences industries. “Singapore continues to attract worldwide occupants, because of its reputation as a strategically positioned, neutral, and secure logistics hub,” says Graeme Bolin, CBRE’s Singapore head of occupier and leasing for industrial and logistics work.
The study, which in turn collected answers from over 380 business around Apac in between March and April, found that occupants in China predominantly steered the more careful sentiment, due to prospective adverse impacts from tougher US trade policy. Nearly 70% of respondents in mainland China determined trade doubt as their top hurdle in the following two years.
CBRE’s questionnaire additionally uncovered a switch amongst occupants in the direction of even more cost-driven realty techniques. Respondents placed reduced rental fees and better lease terms as the top factors influencing relocations and lease renewals, while many are also looking for proximity to transport hubs, client bases, and supply chains to improve operational efficiency.
Nevertheless, expansion desire varies across individual markets. Based on the survey responses, India, the Middle East and Korea captured the biggest net expansion interest at 66%, 49% and 40%, respectively. Vietnam (34%), Singapore (33%) and the Philippines (33%) registered the next-highest attention levels, adhered to by Thailand (28%) and Australia (25%).
Graeme puts in that government-led facilities investments, combined with development by top-tier logistics competitors and durable resources inflows into modern logistics assets, are enhancing Singapore’s role in the worldwide supply chain.
The Arcady @ Boon Keng KSH Holdings
In spite of the unclear international trade environment, numerous occupants are looking past short-term market volatility, says CBRE. Some 76% of its poll participants indicated plans to increase their property account scale in the following three to five years, signalling optimism across the medium- to long-term outlook and a solid hunger for development, the firm adds.
In general, 44% of CBRE’s questionnaire participants showed trade-related governing challenges as a significant worry, up from 32% in 2023. Nonetheless, respondents remained to place economic unpredictability and cost acceleration as the two greatest difficulties dealing with inhabitants in the next 2 years, at 60% and 56%, specifically.
Logistics occupants in Asia Pacific (Apac) remain certain in overall company prospects, despite growing cautiousness amid ongoing trade regulation unpredictability. According to CBRE’s 2025 Asia Pacific Logistics Occupier Report, near-term assurance amongst occupiers has actually decreased this year, with 69% anticipating service performance to boost in the next two years, compared to 81% in 2023.
