Climate Risk: Logistics & Industrial Global Outlook

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RISK CLIMATE LOGISTICS& INDUSTRIAL

GLOBALOUTLOOK

DEEPDIVE – SINGAPORE

The Present: • Singapore is well-known for its hot and wet tropical climate, and this is shown consistently across all sub-markets. By and large, these issues are well known, meaning most modern buildings are well equipped to handle the current risk profile, however a look towards the future (below) is important to consider. • Average flood risk across Singapore is relatively low, although there are pockets of significant flood risk, particularly in the Central and North East Region. Seal-level rise is also a factor to be mindful of, given Singapore is a relatively low lying island State. The Future: • Flood risk is projected to worsen in the North East of Singapore, as well as wind risks across all sub-markets. However, overall risks for these metrics remain comparatively low. • Both heat and rainfall are projected to rise / worsen into the future, with results among the most risk exposed across all APAC markets. • Hence, buildings that are borderline today, in terms of managing heat or rainfall, or may have some flood risk, should consider long-term upgrade plans to better protect them into the future. • Newer assets should be designed and operated with a hotter and wetter climate in mind.

HIGHEST BUILDING RISK SCORE IN SUBMARKET

AVERAGE SUBMARKET RISK SCORE

LOWEST BUILDING RISK SCORE IN SUBMARKET

100

Central Region East Region

West Region

North-East Region

FLOOD

WIND

HEAT

WILDFIRE

PRECIPITATION

COLD

ALL

CLIMATE RISK: LOGISTICS & INDUSTRIAL GLOBAL OUTLOOK 16

CUSHMAN & WAKEFIELD

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