Apac logistic occupiers more cautious, but most still looking to expand: CBRE survey
The survey, which collected responses from over 380 firms around Apac between March and April, found that tenants in China mainly steered the more cautious view, because of prospective unfavorable influences from tougher United States trade laws. Nearly 70% of participants in mainland China identified trade doubt as their top hurdle in the following two years.
Logistics tenants in Asia Pacific (Apac) stay certain in overall organization leads, despite expanding cautiousness amid ongoing trade regulation uncertainty. According to CBRE’s 2025 Asia Pacific Logistics Occupier Poll, near-term assurance amongst occupiers has actually dropped this year, with 69% expecting service efficiency to improve in the subsequent 2 years, compared to 81% in 2023.
In general, 44% of CBRE’s questionnaire respondents suggested trade-related regulative difficulties as a major issue, up from 32% in 2023. Nonetheless, respondents remained to rank economic uncertainty and expense escalation as the two most significant obstacles dealing with inhabitants in the following 2 years, at 60% and 56%, respectively.
CBRE’s survey even uncovered a change amongst tenants in the direction of even more cost-driven real estate techniques. Participants placed reduced rental fees and better lease terms as the top factors influencing relocations and lease renewals, whilst several are also looking for proximity to transport centers, client bases, and supply chains to boost operational efficiency.
According to CBRE, Singapore remains to stand out amongst logistics tenants, particularly for hi-tech manufacturing and life technologies industries. “Singapore continues to attract global occupants, because of its credibility as a strategically located, neutral, and stable logistics center,” claims Graeme Bolin, CBRE’s Singapore head of occupier and leasing for industrial and logistics business.
Despite the unclear worldwide trade atmosphere, several occupants are looking further than temporary market volatility, states CBRE. Some 76% of its questionnaire respondents suggested plans to broaden their real estate profile size in the following three to 5 years, signalling optimism throughout the tool- to long-term outlook and a solid cravings for growth, the company adds in.
Nonetheless, growth appetite varies throughout individual markets. Based on the survey feedbacks, India, the Middle East and Korea documented the biggest net expansion interest at 66%, 49% and 40%, specifically. Vietnam (34%), Singapore (33%) and the Philippines (33%) registered the next-highest interest levels, complied with by Thailand (28%) and Australia (25%).
Graeme puts in that government-led infrastructure financial investments, combined with development by top-tier logistics players and robust capital inflows right into modern logistics assets, are reinforcing Singapore’s role in the global supply chain.
