Thailand logistics market update 4Q-2021
Maturing market has led to developers lowering rents to reduce vacancies.
January 31, 2022
- Kiert Vitoonwithluck
- E-Commerce continues to be the demand driver
- Postponement of new launches has led to low increase in supply
- Gross rents continue to drop as the market matures
- Outlook: New launches to further push towards a saturated market