Industrial and logistics real estate net absorption in the APAC region 2014-2022

Published by Statista Research Department, Jun 27, 2023
The net absorption of industrial and logistics real estate in the leading markets in the Asia-Pacific (APAC) region decreased in 2022, after peaking in 2021. In 2022, almost 50 million square feet of industrial and logistics real estate were absorbed - almost half of the amount in 2021 and the lowest figure registered since 2016. 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 2022 (in million square feet)

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Release date

February 2023

Region

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

Survey time period

2014 to 2022

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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