"2020 was another milestone year for the logistics sector, with rent and occupancy levels both improving further, and many parties increasingly eager to gain exposure to the growing sector."

"Investment volumes will remain low through the first half of 2021, due to the continued restrictions on foreign arrivals which will delay due diligence for foreign investors."

"The global pandemic has reinforced the importance of e-commerce to everyday life, and the logistics sector has been a prime benefi ciary of this trend. As such, market fundamentals appear sound. Whilst the uncertainties surrounding COVID-19 could cause some unrest going forward, the sector continues to be underpinned by structural changes driven by e-commerce. In the meantime, valuations are likely to continue to be put under pressure."

"2019 was a year to remember for the logistics sector. With the sector’s potential upside, investors were competing fiercely to get some exposure to the asset class. Investment volumes and completions hit record highs, whilst logistics J-REIT unit prices soared."

"Even amidst historically high supply levels, the logistics market remains strong as tenant demand for conveniently located, high-specification facilities is on the rise. Greater Osaka in particular has been improving performance since the market was disrupted by oversupply in 2017. Property investors have generally adopted a more bullish attitude towards the sector, and investment volumes appear set to rise in the second half of 2019."