Apac logistic occupiers more cautious, but most still looking to expand: CBRE survey
Logistics occupants in Asia Pacific (Apac) stay positive in continued company leads, despite expanding cautiousness amidst continuous trade regulation unpredictability. According to CBRE’s 2025 Asia Pacific Logistics Occupier Poll, near-term assurance amongst inhabitants has actually declined this year, with 69% expecting business performance to enhance in the next 2 years, compared to 81% in 2023.
Despite the uncertain worldwide trade atmosphere, numerous tenants are looking past short-term market volatility, states CBRE. Some 76% of its survey participants indicated plans to expand their real estate portfolio scale in the following 3 to five years, signalling positive outlook across the tool- to long-term outlook and a strong cravings for development, the company adds in.
According to CBRE, Singapore remains to attract attention among logistics tenants, especially for hi-tech production and life technologies fields. “Singapore remains to draw global occupiers, due to its reputation as a strategically established, neutral, and secure logistics hub,” claims Graeme Bolin, CBRE’s Singapore head of occupier and leasing for industrial and logistics business.
Graeme puts in that government-led infrastructure financial investments, incorporated with expansion by top-tier logistics competitors and durable resources inflows right into modern logistics assets, are strengthening Singapore’s role in the international supply chain.
The survey, that collected feedbacks from over 380 firms across Apac between March and April, found that occupiers in China mainly steered the more mindful position, because of possible negative effects from tougher US trade policy. Almost 70% of participants in mainland China determined trade unpredictability as their top difficulty in the following 2 years.
Generally, 44% of CBRE’s poll respondents showed trade-related governing obstacles as a significant issue, up from 32% in 2023. Nonetheless, respondents remained to rank economic unpredictability and price acceleration as the two largest difficulties facing occupiers in the following two years, at 60% and 56%, specifically.
CBRE’s survey also disclosed a change amongst occupiers towards more cost-driven realty approaches. Respondents placed reduced leas and better lease terms as the top factors influencing relocations and lease renewals, whilst lots of are also looking for distance to transport hubs, client bases, and supply chains to improve operational effectiveness.
Nonetheless, development appetite varies throughout individual markets. Based on the poll responses, 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%).
