Research
Thailand Logistics Market Update 4Q-2022
Emerging areas attracted tenants with new supply and lower rents.
March 10, 2023
Contributors:
- Jeremy O’Sullivan (MRICS)
- Witchaya Wipusanawan
Highlights
E-Commerce continued to be an important demand driver
Vacancy improved as current stock filled up
Market yield stabilises in a matured market
Outlook: Built-to-suit approach continues to be the trend