Rents for industrial & logistics facilities continue to show divergence across major metros across the region. According to recent research by JLL, rental trends diverged across the Asia Pacific region in second quarter 2026, with sustained growth in select markets offset by continued declines in Greater China, supporting the consensus that a bifurcated recovery landscape is underway.
Australian markets demonstrated resilience, with Melbourne leading the region with 0.9 percent quarterly rental growth, supported by robust take-up in the north and west precincts. Sydney posted marginal growth of 0.1 percent this quarter, with gross take-up increasing alongside an uptick in incentives. Occupier activity was driven by the manufacturing, transport, postal and warehousing segments.
Seoul also recorded notable rental growth across multiple submarkets, led by the west, recording an overall rental growth of 0.6 percent this quarter. Tokyo experienced rental gro
