Industrial Insights

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Industrial & Logistics

Japan Logistics - September 2023

"The resilient fundamentals and growth potential of the e-commerce industry offer a long-term positive outlook for the logistics market, which has led to the large upcoming supply. However, even sound demand is struggling to keep pace with the elevated supply in the market, and the industry also faces headwinds such as labour shortages and inflation. Although fundamentals remain strong, the market is likely to undergo a phase of adjustments for the time being."

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Publication

Industrial & Logistics

Japan Logistics - March 2023

"As the e-commerce industry continues to expand, the demand for logistics services remains strong. However, a combination of substantial upcoming new supply and cost pressures on tenants due to inflation and labour shortages make rental growth increasingly difficult. Interest rate increases also threaten to soften yields, and investors might look to other sectors for opportunities."

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