Logistics & Industrial Capital Markets 2024 Outlook Report

2024 Australian Preferred Asset Class

Investment Intentions in 2024 by Investor Type (% of respondents by investor)

Q.

Q.

What asset class interests you the most (1 being most interested and 6 being least interested)

Based on current expectations, does your organisation intend to deploy capital into L&I in 2024?

Developer

L&I

Sovereign Wealth Fund

Debt

High Net Worth Individual/Family O€ce Syndicate

Alternatives

Unlisted Fund

Retail

Private Equity

O ce

Super Fund

Hotel

REIT

0% 20% 40% 60% 80% 100%

0% 20% 40% 60% 80% 100%

1

2 3 4 5 6

Yes No I don't know

Source: Cushman & Wakefield

Source: Cushman & Wakefield

Most Preferred L&I Investment Locations for 2024

Timing of Planned 2024 Acquisitions

Q.

Q.

If you were to deploy capital into L&I in 2024, which city would be your preferred destination?

If you intend to deploy capital in 2024, which quarter do you anticipate your first transaction to be in?

60%

5%

50%

11%

Q1 2024

40%

Q2 2024

46%

30%

Q3 2024

20%

Q4 2024

38%

10%

0%

Source: Cushman & Wakefield

Perth

Sydney

Brisbane

Adelaide

Melbourne 1st Choice

2nd Choice

Source: Cushman & Wakefield

25 | CUSHMAN & WAKEFIELD | LOGISTICS & INDUSTRIAL