Colliers said there was an uptick in new completions.
Industrial assets’ occupancy rate declined 0.3% in the fourth quarter of 2022 due to newly completed projects, Colliers said.
This chart showed that net demand came in at just 2.89 mil sf.
The new supply exceeded new demand, with new supply coming in at 5.24 mil sf.
For the full year 2022, total supply surpassed total demand.
Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.
The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.
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