Apac logistic occupiers more cautious, but most still looking to expand: CBRE survey
Logistics tenants in Asia Pacific (Apac) continue to be confident in overall company prospects, in spite of growing cautiousness amidst recurring trade protocol unpredictability. According to CBRE’s 2025 Asia Pacific Logistics Occupier Survey, near-term confidence amongst inhabitants has actually decreased this year, with 69% expecting business efficiency to improve in the subsequent two years, compared to 81% in 2023.
However, growth appetite varies across individual markets. Based on the survey feedbacks, India, the Middle East and Korea recorded 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, followed by Thailand (28%) and Australia (25%).
The study, which collected feedbacks from over 380 business throughout Apac between March and April, identified that tenants in China predominantly drove the more careful sentiment, because of potential negative influences from tougher United States trade policy. Almost 70% of participants in mainland China determined trade doubt as their top hurdle in the following two years.
In spite of the unpredictable global trade setting, numerous occupiers are looking beyond short-term market volatility, states CBRE. Some 76% of its survey respondents suggested strategies to broaden their realty portfolio size in the following three to five years, signalling positive outlook throughout the tool- to long-term outlook and a strong cravings for development, the company adds.
Nava Grove MCL Land and Sinarmas Land
Graeme includes that government-led facilities investments, combined with development by top-tier logistics competitors and robust resources inflows right into modern logistics assets, are reinforcing Singapore’s role in the worldwide supply chain.
Overall, 44% of CBRE’s questionnaire respondents suggested trade-related regulative difficulties as a major problem, up from 32% in 2023. Nonetheless, respondents continued to rate economic unpredictability and cost escalation as the two biggest obstacles facing occupiers in the following two years, at 60% and 56%, specifically.
According to CBRE, Singapore continues to attract attention among logistics occupiers, especially for hi-tech production and life technologies fields. “Singapore remains to attract global occupants, due to its reputation as a strategically established, neutral, and steady logistics hub,” claims Graeme Bolin, CBRE’s Singapore head of occupier and leasing for industrial and logistics work.
CBRE’s questionnaire even uncovered a shift amongst occupiers towards more cost-driven property techniques. Respondents ranked lower rental fees and better lease terms as the top factors influencing relocations and lease renewals, whilst numerous are also looking for distance to transportation centers, consumer bases, and supply chains to enhance functional effectiveness.
