Industrial and logistics real estate net absorption in the APAC region 2014-2023

Published by Statista Research Department, Jul 2, 2024

The net absorption of industrial and logistics real estate in the leading markets in the Asia-Pacific (APAC) region increased in 2023, after plummeting in 2022. In 2023, over 76 million square feet of industrial and logistics real estate were absorbed - 25 million square feet more than the previous year. Net absorption measures demand and is calculated as the amount of space that became physically occupied, minus the space that was vacated.

Net absorption of industrial and logistics real estate in the Asia-Pacific (APAC) region from 2014 to 2023 (in million square feet)

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Release date

January 2024

Region

Australia, China, Hong Kong, India, Japan, South Korea, New Zealand, Singapore, Vietnam, APAC

Survey time period

2014 to 2023

Supplementary notes

Includes the following markets: Beijing, Shanghai, Shenzhen, Guangzhou, Chengdu, Chongqing, Wuhan, Nanjing, Ningbo, Hangzhou, Qingdao, Dalian, Shenyang, Tianjin, Greater Tokyo, Greater Osaka, Singapore.

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