Research

Thailand logistics market update 4Q-2021

Maturing market has led to developers lowering rents to reduce vacancies.

January 31, 2022
Contributors:
  • Kiert Vitoonwithluck

Highlights

  • 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

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