Despite the second-worst quarter for the regional property market in a decade, institutional investors continue to seek out Japan, beating China as the most favoured location.
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ALDI’s sale of this Melbourne area asset to Allianz and Charter Hall helped Aussie deal reach a record
While the COVID-19 pandemic has dented industries globally, the crisis has created new levels of demand for logistics facilities, driving trades of warehouse assets to a record high in 2020, according to recently released statistics.
Preliminary findings from property information provider Real Capital Analytics show that APAC logistics deal volume reached $13.5 billion in 2020, narrowly surpassing 2018 and 2019 levels and nearly doubling the amount traded in 2017.
That record volume came as four of the region’s markets Japan, China, South Korea and Australia ranked among the 10 biggest logistics markets globally in terms of logistics deals in 2020, according to Singapore-based RCA analyst Benjamin Chow.