In its Asia Pacific Market Outlook 2016, CBRE highlighted how growth in rents on prime logistics property across the region will likely slow in 2016. CBRE noted that it is looking for rents on prime logistics property in Shanghai to rise by 5% in 2016. In 2015, such rents rose by a little over 4%. Shanghai is the only major market in the region where CBRE expects that rental growth will accelerate. Supply of new prime logistics space in Shanghai over 2016 and 2017 is expected to amount to 7 million square feet. Over the five years to the end of 2015, an average of a little over 5 million square feet of prime logistics space became available each year.

Source : CBRE/ February 2016/Shanghai/IND