From corporates to investors, Industrial real estate remained a firm global favourite in 2015 with activity reaching record highs in some markets. And, according to JLL’s second annual Global Logistics Sentiment Survey, appetite for the sector is unlikely to abate in 2016. So how do expectations on the asset class’s performance differ across the world and will its appeal in Asia Pacific keep pace with markets in EMEA and the Americas?
According to Michael Fenton, head of Industrial for Australia at JLL, Industrial property is still in hot demand across the region.
“We expect occupier demand to remain strong across the region this year, driven by China, Japan and Australia where corporate M&A activity, optimisation of supply chain networks and the growth of e-commerce are likely to fuel demand for logistics assets.”
“On the investor side, the majority of capital is likely to still seek out opportunities in the more the developed economies of Japan and Australia, particularly as we continue to see volatility in the wider global economy.”
Click below for a snapshot on how Asia Pacific expectations compare with Global, or click here to download the full report.
Head of Retail Investments - Australasia