Waypoint: Global Industrial Dynamics 2025

Expected market conditions in next three years

Globally, the market is expected to shift toward neutral and landlord-favourable conditions, moving away from the current tenant-favourable trend . In three years, market expectations are as follows: • Only 28% of markets will remain tenant-favourable, down from the current 52%. • Landlord-favourable markets will rise to 35%, compared to 24% now. • Neutral market conditions will increase to 36%, up from 23% currently.

What do you expect the condition of your overall industrial market to be in three years (compared with conditions now)?

3yrs time

Now

3yrs time

Now

3yrs time

Now

Now All EMEA APAC Americas 3yrs time

0%

20%

40%

60%

80%

100%

% OF MARKETS TRACKED

Strongly Landlord Moderately Landlord Neutral

Moderately Tenant Strongly Tenant

Source: Cushman & Wakefield Research

30

Cushman & Wakefield