Seoul, South Korea, was the industrial and logistics real estate market with the largest new supply in the Asia-Pacific (APAC) region in 2023. In that year, the amount of new space that entered the market was 5.6 million square meters and in 2024, the total new supply is forecast to decrease to 4.1 million square meters. Tokyo, Japan, and Guangzhou, China, ranked second and third, with three million square meters and 1.1 million square meters, respectively.
Supply of industrial and logistics real estate in the Asia-Pacific (APAC) region in 2023, with a forecast for 2024, by market
(in 1,000 square meters)
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CBRE Group. (January 31, 2024). Supply of industrial and logistics real estate in the Asia-Pacific (APAC) region in 2023, with a forecast for 2024, by market (in 1,000 square meters) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1380809/logistics-real-estate-on-supply-apac-by-market/
CBRE Group. "Supply of industrial and logistics real estate in the Asia-Pacific (APAC) region in 2023, with a forecast for 2024, by market (in 1,000 square meters)." Chart. January 31, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1380809/logistics-real-estate-on-supply-apac-by-market/
CBRE Group. (2024). Supply of industrial and logistics real estate in the Asia-Pacific (APAC) region in 2023, with a forecast for 2024, by market (in 1,000 square meters). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1380809/logistics-real-estate-on-supply-apac-by-market/
CBRE Group. "Supply of Industrial and Logistics Real Estate in The Asia-pacific (Apac) Region in 2023, with a Forecast for 2024, by Market (in 1,000 Square Meters)." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1380809/logistics-real-estate-on-supply-apac-by-market/
CBRE Group, Supply of industrial and logistics real estate in the Asia-Pacific (APAC) region in 2023, with a forecast for 2024, by market (in 1,000 square meters) Statista, https://www.statista.com/statistics/1380809/logistics-real-estate-on-supply-apac-by-market/ (last visited November 21, 2024)
Supply of industrial and logistics real estate in the Asia-Pacific (APAC) region in 2023, with a forecast for 2024, by market (in 1,000 square meters) [Graph], CBRE Group, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1380809/logistics-real-estate-on-supply-apac-by-market/
