Page 43 - 10 Booming Real Estate & Logistics Companies in APAC 2022
P. 43
SNAPSOT
AUSTRALIA: INVESTORS EYE during 2021, with many big names
BROWNFIELD SITES chasing opportunities in the ware-
house sector, which continues to
While pandemic-related disruption suffer from a lack of quality assets.
continues to weigh heavily on many
segments of the Australian economy, Among the pull factors include the
it has driven a sharp increase in pandemic-led shift from just-in-time
e-commerce penetration, leading to delivery to higher levels of inventory
strong requirements for high quality holding, which has led to stronger
warehouse space. This has seen take-up both now and in projections
many investors look to reweight their for the next 24 months. The introduc-
portfolios to capture this demand. tion of a unified Goods and Services
The regional trend for portfolio tax (GST) has also facilitated invest-
building has also been witnessed in this ment in Indian logistics property.
market, with investors buying individual Additionally, with fast delivery a
assets, bundling them up and obtaining crucial requirement for e-com-
considerable portfolio premiums. merce players’ seeking to achieve
seamless Omni-channel operations,
Within Australia there is a large focus there is strong demand to acquire
on brownfield areas and development warehouses in urban areas for last-
land, with most major investors looking mile delivery and also in tier II cities.
at purchasing older brownfield indus-
trial stock and repositioning or rede- Source: CBRE Reports
veloping to modern logistics facili-
ties. These urban / last mile locations
are expected to capitalise on high-
er-than-average market rent growth.
INDIA: THE SUNRISE SECTOR
Tighter regional logistics yield has
prompted many investors to seek
greenfield development in India
|42 thecorporatereview.com | India | Vol. 3 | Issue 5| July 2022 |43