Thu Sep 9 +08 (10 months ago)
In your timezone (EDT): Thu Sep 9 1:00am - Thu Sep 9 7:15am
Asia Pacific is a rapidly evolving market for investors that offers exciting opportunities to diversify and spread risk across multiple markets or sectors. While COVID 19 has forced companies across the globe to innovate and reinvent their strategies and approach to survive. Industries like e-commerce and logistics remains strong and were seen to have great potential as it continuously grow.
From 2019 to 2024, online retail sales in APAC is predicted to grow 1.7x to USD2.5 trillion, with the fastest-growing category, online grocery, rising by 30% p.a. This expansion is driving demand for last mile delivery. The cold chain segment is growing particularly fast, driven by storage and distribution needs for food, pharmaceuticals and other products. This report also explains how occupiers and owners are recommended to participate in the last mile and cold chain segments of the logistics property market.
In the first quarter of this year, logistics transactions in the Asia-Pacific region rose 26 per cent year on year, and accounted for 23 percent of all commercial property deals, data from JLL shows. Manufacturing property as an asset class is rising in importance; since 2011, transactions of manufacturing assets have grown 19% per anum. It is set to believe that Singapore, Tokyo, Taipei, Ho Chi Minh City and Bengaluru are particularly likely to attract industrial occupiers, creating new opportunities for owners.
In the upcoming APAC Logistics Leaders Summit, we are gathering industry leaders, government officials, logistics operators and management groups, investors, EPCs, manufacturing companies, consultants, technology and solutions experts across the region to discuss, collaborate and create partnerships to a successful project.
Managing Director - APAC, dnata Singapore
Vice President, People Experience and People Partner, GoJek, Indonesia
Head of Digital Cargo, International Air Transport Association
Pieter Van de Mheen
Partner, PwC, Indonesia
President, AIR21 and Shopinas, Philippines
Former Vice President – Business Transformation and Asset Management, Angkasa Pura I