SF Holding Company’s SF Express warehouse facility in Hong Kong, seen on February 5. While transaction volumes of Asia’s commercial property market as a whole declined in 2020 year on year, investment in the logistics sector rose to a record high. Photo: Bloomberg SF Holding Company’s SF Express warehouse facility in Hong Kong, seen on February 5. While transaction volumes of Asia’s commercial property market as a whole declined in 2020 year on year, investment in the logistics sector rose to a record high. Photo: Bloomberg
SF Holding Company’s SF Express warehouse facility in Hong Kong, seen on February 5. While transaction volumes of Asia’s commercial property market as a whole declined in 2020 year on year, investment in the logistics sector rose to a record high. Photo: Bloomberg
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Why Asia’s booming logistics property market will only benefit select investors

  • The sector’s stellar performance compared with other commercial real estate assets is attracting a flood of capital seeking profit, pushing prices up and rental yield down
  • The real challenge is the scarcity of institutional-grade assets, which makes it hard for investors to achieve scale at pace. Investors with deep pockets have the advantage

Nicholas Spiro
Nicholas Spiro

Updated: 10:01am, 9 Feb, 2021

Why you can trust SCMP
SF Holding Company’s SF Express warehouse facility in Hong Kong, seen on February 5. While transaction volumes of Asia’s commercial property market as a whole declined in 2020 year on year, investment in the logistics sector rose to a record high. Photo: Bloomberg SF Holding Company’s SF Express warehouse facility in Hong Kong, seen on February 5. While transaction volumes of Asia’s commercial property market as a whole declined in 2020 year on year, investment in the logistics sector rose to a record high. Photo: Bloomberg
SF Holding Company’s SF Express warehouse facility in Hong Kong, seen on February 5. While transaction volumes of Asia’s commercial property market as a whole declined in 2020 year on year, investment in the logistics sector rose to a record high. Photo: Bloomberg
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Nicholas Spiro

Nicholas Spiro

Nicholas Spiro is a partner at Lauressa Advisory, a specialist London-based real estate and macroeconomic advisory firm. He is an expert on advanced and emerging economies and a regular commentator on financial and macro-political developments.