Industrial real estate outlook 2023

Industrial and its limited supply, keeping vacancies low across the country, has performed ahead of other major asset classes this year. Capital returns remain in positive territory while income returns have been consistently positive, providing an attractive hedge to inflation and increased...

Companies are on the hunt for space amid industrial vacancy squeeze according to says Richard Phillips, head of supply chain in Australia, and New Zealand for JLL.

Accelerating rents in many logistics and industrial (L&I) properties will provide a buffer for returns in 2023, says Peter Guevarra a Director in JLL’s Asia Pacific Research team, based in Singapore.

The industrial asset class has been the stand out performer in the commercial market over the last few years. Increases in demand during the COVID-19 lockdown period aided in reducing vacancy in an already tight market, with a growth in logistic, distribution and storage requirements. Insights...