Australian Logistics & Industrial Capital Markets Outlook 2025

CUSHMAN & WAKEFIELD | 21

2024 Top So

Globally, there was almost $215 billion (AUD) deployed into L&I assets in 2024 (excluding data centres), representing a 3% increase from 2023. By market, the US was the most active by a significant margin, representing 46% of global investment volumes ($97.3 billion), followed by the UK ($17.0 billion) and South Korea ($12.6 billion). Cross-border deployment (acquisitions made by o–shore capital sources) accounted for approximately 60% of total L&I investment volumes globally for the year, with capital from the US deploying $28.4 billion, followed by the UK ($7.9 billion) and Canada ($7.4 billion).

US - $28.4 bn

Top 10 Sources of Capital for L&I Top 10 Sources of Capital for L&I

US

UK

UK – $7.9 bn

Canada

Singapore

Sweden

Canada – $7.4

UAE

Spain

Belgium

Singapore - $4

Hong Kong

China

Sweden – $4.0

$0

$10

$20

$30

Billions

2024 2023

Source: MSCI, Cushman & Wakefield Research

2024 Top Sources of Capital for L&I Globally – Key Investors & Markets Cushman & Wakefield

KEY MARKETS FOR DEPLOYMENT (2024)

MARKET

KEY INVESTORS

UK Australia India France Germany

US $28.4 BN

US France Germany Netherlands Italy

UK $7.9 BN

US Germany France Italy Spain

CANADA $7.4 BN

US Germany Japan South Korea Indonesia Norway Denmark Belgium Netherlands Germany

SINGAPORE $4.8 BN

SWEDEN $4.0 BN

Source: MSCI, Cushman & Wakefield Research