2026年日本物流地产租户调研报告

JAPAN 2026 LogisticsOccupier Survey CBRE RESEARCHMAY2026 Summary –CBRE’s 2026 Japan Logistics Occupier Survey (conducted in March2026) revealed that companies are increasingly focused onpromoting logistics efficiency as a countermeasure against laborshortages. The mandatory appointment of a Chief Logistics Officer(CLO) for specified shippers handling cargo above a certain volume,starting from April 2026 under the revised Act on Advancement ofIntegration and Streamlining of Distribution Business, is expected toaccelerate these efficiency measures. –Leasing multi-tenant facilities was the most common answer to questionsasking respondents their preferred means to execute logistics networkplans, accounting for nearly half of all responses. Conversely, responses forrebuilding own facilities or purchasing land for development declined fromthe previous year. This shift is likely due to the difficulty of rebuilding ornew construction amid rising construction costs. An emphasis on capitalefficiency also appears to be strengthening demand for leased properties. Logistics occupiersprioritise measuresfor attracting andretaining staff andimproving efficiency –When asked about logistics facility specifications, many respondentsindicated that specifications leading to staff retention and maintaining thesupply chain will generate stronger demand. Such features include airconditioning to improve the working environment within warehouses,welfare facilities for employees, emergency power sources to ensurebusiness continuity during disasters or outages, and base isolationstructures for earthquakes. High response rates for truck berths andemployee parking also suggest a perceived shortage in the current supplyof these features. –The survey found that logistics occupiers display a high level ofawareness regarding reviewing and re-arranging site locations andexhibit a robust appetite for relocation and expansion. Althoughgrowth in floor area and the number of sites has slowed, manyresponses indicated no change in floor area per site, while anappetite for larger bases was also observed. –Many logistics operators continue to prioritize attracting andretaining staff. In contrast, the most common response amongconsignor firms as the priority initiative was "reviewing and re-arranging site locations." Addressing facility obsolescence is also arecognized challenge, leading to the need for relocations andnetwork reorganizations. The mandatory appointment of CLOs forspecified shippers may also accelerate the optimization of sitelocations through greater collaboration between logistics operatorsand consignor firms. –More than 20 years have passed since the formation of Japan’s logisticsfacility leasing market. During this time, demand for logistics facilities hasexpanded through the outsourcing of logistics operations to 3PL providersand the growth of the e-commerce market. Attracting staff and improvinglogistics efficiency are now firmly established as the primary challenges foroccupiers. The survey results show that appetite for relocation andexpansion remains robust, with some occupiers renewing lease contractsmultiple times within the same facility. CBRE advises landlords to enhancethe competitiveness of their logistics facilities by ensuring that they aresufficiently equipped to address occupiers’ concerns. 01 Issues & Measures Logistics network expansion:In 2026, 46% of occupiers plan to expand their floor area and 31% intend to expand the number of sites. However, appetite for growth appears to be moderating. While 47% of respondents indicated they plan to make no changes to floorarea per site, an appetite for larger bases was also observed. Priority initiatives:Logistics operators’ primary focus is on improving employees' working environment and attracting and retaining staff. Consignor firms are focused on initiatives such as reviewing and re-arranging site locations and upgrading existing facilities and equipment.Both show a robust appetite for automation and digital transformation. Amid acute labor shortages, logistics operators intend to continue hiring more truck drivers and pursue alliances with othertransportation companies. Consignor firms are prioritizing logistics efficiency through initiatives such as cooperative delivery withother companies and improving loading rates. Cost variation:Logistics costs have risen compared to 2024, with 51% of logistics operators reporting a cost increase of 10-30%, and 62% of consignor firms stating that the increase was less than 10%. As the Services Producer Price Index continues to rise, the cost pass-through oflogistics costs is expected to continue. 02 Specifications Measures to execute network plans:Leasing multi-tenant facilities increased compared to 2025, with 50% of respondents selecting this answer. Rebuilding own facilities and the purchase of land for development both declined in preference in this year’s survey. Conversely, discontinuation/sale of ownf