The Asia-Pacific logistics market has moved into a more mature phase of the cycle, where occupiers are focusing on the type of spaces they occupy rather than simply securing capacity. With rental growth remaining measured across much of the region and a broader range of options available, occupiers have greater scope to optimise portfolios, consolidate operations and upgrade into higher-specification facilities.
We are seeing leasing decisions become increasingly selective, with stronger emphasis placed on longterm efficiency, sustainability and operational resilience. This is contributing to a growing preference for modern assets that can support automation and evolving supply chain requirements. For occupiers, current market conditions in the region represent a compelling opportunity to secure better spaces at competitive terms and align portfolio strategies to support long-term business objectives.