Apac logistic occupiers more cautious, but most still looking to expand: CBRE survey
According to CBRE, Singapore remains to stand out among logistics occupants, particularly for hi-tech production and life sciences fields. “Singapore remains to attract worldwide occupiers, thanks to its credibility as a strategically positioned, neutral, and secure logistics center,” states Graeme Bolin, CBRE’s Singapore head of occupier and leasing for industrial and logistics work.
In spite of the unpredictable international trade setting, many occupants are looking beyond temporary market volatility, claims CBRE. Some 76% of its poll participants showed plans to expand their property account size in the next 3 to 5 years, signalling optimism across the tool- to long-term outlook and a strong cravings for growth, the company adds.
Graeme adds that government-led facilities financial investments, integrated with growth by top-tier logistics players and robust resources inflows right into modern logistics assets, are strengthening Singapore’s role in the international supply chain.
CBRE’s survey also uncovered a shift amongst occupiers in the direction of even more cost-driven realty techniques. Respondents rated lower rents and better lease terms as the top factors influencing relocations and lease renewals, while numerous are also looking for proximity to transport centers, client bases, and supply chains to enhance operational efficiency.
The survey, that gathered feedbacks from over 380 firms around Apac between March and April, found that occupiers in China predominantly steered the more mindful position, as a result of prospective negative effects from tougher US trade regulation. Just about 70% of respondents in mainland China determined trade uncertainty as their leading difficulty in the following two years.
Generally, 44% of CBRE’s poll participants indicated trade-related regulatory obstacles as a significant worry, up from 32% in 2023. Nonetheless, respondents continued to rank economic uncertainty and expense escalation as the two most significant difficulties dealing with inhabitants in the next 2 years, at 60% and 56%, respectively.
Nonetheless, growth desire differs across individual markets. Based on the report results, India, the Middle East and Korea recorded the strongest net expansion interest at 66%, 49% and 40%, specifically. Vietnam (34%), Singapore (33%) and the Philippines (33%) registered the next-highest interest levels, followed by Thailand (28%) and Australia (25%).
Logistics tenants in Asia Pacific (Apac) continue to be positive in continued company prospects, despite expanding cautiousness amidst continuous trade policy uncertainty. According to CBRE’s 2025 Asia Pacific Logistics Occupier Survey, near-term optimism among inhabitants has actually declined this year, with 69% anticipating business performance to boost in the subsequent two years, compared to 81% in 2023.
