商业地产市场观点报告

CBRERESEARCHJUNE2025 OverviewShort-Term Caution,Long-Term Confidence76%Plan to expsncl their logistics tcoturin: 'nth..upicls : an es righl. si/t p: fe: its?nd restruet .ire spply chai ns midA A.sr-it ort-te c: utio os口口id-to lsg-term axpa 7sinr5ource: 2225 Asie Pgoil'c Lgis.ic9 ccupier 5Jrver. cBRE Ra38e 'ch, JJre 2V25JK_ R_SLAKCI Balancing Cost withHigher Expectations78%of relccoion clecisicns.Aal loallo ad xm L IarspL uebet.e. : [! A L.J, #JL , S!sro cporit o ha cttic oney.Buildi nqs "nt. st meet higher expecaicrs. witnIel-crabloe ad :s.arabo ly senplhrl Diverse Qccupier SentimentAcrossthe Region88%Cf occudpiers 'n Inclia ar tc grow:neir aortolos n :re Text three tofivc yonrs. I centrest, cecupiers inmainlnacl C rina havo a mcrobalsnserl cullock.Iidie upits :li-isir is cin drihy J'owt in the -so mmrerea. sPlS,o fu I,, f,I , t.while dema icl r iiai le nd ch re ren' sinsslsady, lowl lh rr"rl u+ : Ird:n.ing -.the arket stabi ises. *+ 2 E C3RC IN: 01Short-Term CautionLong-Term Confidence Business confidence weakens aniidheightened tradeuncertaintyOptinism among Asia Pacifs lcgistics cccupie"s declined inthis year s sunvey, wit.h 6g% exaerti ng h.sinesa performanaeto improve Ir the roxt twc vosrs, down frcm 81% In 2023(Figurc 1).Mere cautious sent'ment is largaly driven by respendents irmairland China, who are pctentially adversely impactec bytoucher t.s. trace pnlicv. Hnwever, mainla"d china's 1 2:2.GCF growth of 5.4% anc pxositive lcgistics net absorptircfe red aporach amongrmusl 1cspondonls is Lo incrcasu Lhei' rumber cf supolicrs andG.itsource rncre supply chain operaticns.Respondents in mairland Chir disalayec the strongestpreference tn &xpandl their supplier hase, with ccct.piers inthis markot vicwing ilexib litv ancl ccmpstitive oricing as kcyLo r'aviya lirnig Lracu-telalou uriccr lainly. wilh U.S.-Chinacension leading to the impcsizion s" restrict'ons on tne xportcf critical mine'als and ehnolcgies sLch as rre eart ns, jeteligines and se niconc:uctor parts, causing supiply clhaincisruption across multip in