Apac logistic occupiers more cautious, but most still looking to expand: CBRE survey
According to CBRE, Singapore continues to attract attention amongst logistics tenants, particularly for hi-tech production and life sciences industries. “Singapore remains to attract global occupiers, because of its credibility as a strategically located, neutral, and steady logistics center,” claims Graeme Bolin, CBRE’s Singapore head of occupier and leasing for industrial and logistics work.
However, expansion appetite varies throughout individual markets. Based on the report feedbacks, India, the Middle East and Korea documented the strongest net expansion interest at 66%, 49% and 40%, specifically. Vietnam (34%), Singapore (33%) and the Philippines (33%) registered the next-highest attention levels, adhered to by Thailand (28%) and Australia (25%).
In general, 44% of CBRE’s survey participants suggested trade-related regulatory obstacles as a major issue, up from 32% in 2023. Nonetheless, respondents remained to rate economic uncertainty and expense escalation as the two most significant challenges facing occupiers in the following 2 years, at 60% and 56%, specifically.
The study, that collected replies from over 380 business throughout Apac between March and April, discovered that occupiers in China predominantly drove the more cautious position, because of possible unfavorable effects from tougher United States trade protocol. Nearly 70% of participants in mainland China determined trade doubt as their leading hurdle in the following 2 years.
CBRE’s survey even revealed a shift amongst tenants towards more cost-driven realty strategies. Participants ranked lesser rental fees and better lease terms as the top factors influencing relocations and lease renewals, while lots of are also looking for proximity to transportation hubs, consumer bases, and supply chains to boost operational efficiency.
Despite the unsure worldwide trade setting, many occupiers are looking further than temporary market volatility, states CBRE. Some 76% of its survey participants indicated strategies to increase their real estate account scale in the next 3 to five years, signalling optimism across the medium- to long-term outlook and a solid appetite for growth, the firm adds.
Logistics occupiers in Asia Pacific (Apac) remain positive in long-term organization prospects, in spite of growing cautiousness amid continuous trade protocol unpredictability. According to CBRE’s 2025 Asia Pacific Logistics Occupier Report, near-term assurance among inhabitants has actually decreased this year, with 69% anticipating service performance to boost in the next two years, compared to 81% in 2023.
Graeme puts in that government-led infrastructure investments, incorporated with expansion by top-tier logistics players and robust capital inflows right into modern logistics assets, are enhancing Singapore’s role in the worldwide supply chain.
